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	Purchased for cash 1,150 shares of Wong Inc. stock for $38 per share plus a $575 brokerage commission.
Mar. 16	Received dividends of $0.20 per share on Wong Inc. stock.
June 7	Purchased 800 shares of Wong Inc. stock for $49 per share plus a $400 brokerage commission.
July 26	Sold 1,300 shares of Wong Inc. stock for $55 per share less a $650 brokerage commission. Yerbury assumes that the first investments purchased are the first investments sold.
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	fill in the blank 2
	Cash		fill in the blank 4
Mar. 16	Cash	fill in the blank 6
	Dividend Revenue		fill in the blank 8
June 7	Investments-Wong Inc. Stock	fill in the blank 10
	Cash		fill in the blank 12
July 26	Cash	fill in the blank 14	fill in the blank 15
	Gain on Sale of Investments	fill in the blank 17	fill in the blank 18
	Investments-Wong Inc. Stock	fill in the blank 20	fill in the blank 21
Sept. 25	Cash	fill in the blank 23
	Dividend Revenue		fill in the blank 25