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Entries for Stock Investments, Dividends, and Sale of Stock Yerbury Corp. manufactures construction equipment. ournalize the entries to record the following selected equity investment transactions

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Entries for Stock Investments, Dividends, and Sale of Stock Yerbury Corp. manufactures construction equipment. ournalize the entries to record the following selected equity investment transactions completed by Yerbury during a recent year: Feb. 2 Purchased for cash 5,300 shares of Wong Inc. stock for $20 per share plus a $110 brokerage commission. Mar. 6 Received dividends of $0.30 per share on Wong Inc. stock. June 7 Purchased 2,000 shares of Wong Inc. stock for $26 per share plus a $120 brokerage commission July 26 Sold 6,000 shares of Wong Inc. stock for $35 per share less a $100 brokerage commission. Yerbury assumes that the first investments purchased are the first investments sold. Sept. 25 Received dividends of $0.40 per share on Wong Inc. stock. For a compound transaction, if an amount box does not require an entry, leave it blank. Feb. 2 Investments- Inc. Stock 106,110 Cash 106,110 V MarCash 1,590 Dividend Revenue 1,590 June 7 Investments-Wong Inc. Stock 52.1251 x Cash 51,125| x July 26 Cash 209,900 Gain on Sale of Investments 85,546 X Inc. Stock 124,354 X

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