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Entries for Stock Investments, Dividends, and Sale of Stock Yerbury Corp. manufactures construction equipment. Journalize 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. Journalize the entries to record the following selected equity investment transactions completed by Yerbury during a recent year: Feb. 2 Mar. 16 June 7 Purchased for cash 1,350 shares of Wong Inc. stock for $46 per share plus a $675 brokerage commission. Received dividends of $0.20 per share on Wong Inc. stock. Purchased 900 shares of Wong Inc. stock for $54 per share plus a $450 brokerage commission. Sold 1,550 shares of Wong Inc. stock for $59 per share less a $775 brokerage commission. Yerbury assumes that the first investments purchased are the first investments sold. July 26 Sept. 25 Received dividends of $0.30 per share on Wong Inc. stock. In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Feb. 2 Investments-Wong Inc. Stock Cash Mar. 16 Cash Dividend Revenue June 7 Investments-Wong Inc. Stock Cash July 26 Cash lll Gain on Sale of Investments 1 lll Investments-Wong Inc. Stock Sept. 25 Cash Dividend Revenue

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