Entries for Stock Investments, Dividends, and Sale

or Stock

Seamus Industries Inc. buys and sells investments

as part of its ongoing cash management. The

following investment transactions were completed

during the year:

Feb. 24

Acquired 500 shares of Tett Co.'s stock for $111

per share plus a $155 brokerage commission.

Mav 16 Acquired 2.200 shares of Issacson Co.'s

stock for $29 per share plus a $176 commission.

July 14

Sold 200 shares of Tett Co, stock for $123 per

share less a $80 brokerage commission.

Aug. 12 Sold 800 shares of Issacson Co. stock for

$23 per share less a $71 brokerage commission

Oct. 31 Received dividends of $0.26 per share on

Tett Co. stock.

Dec. 31

At the end of the accounting period, the fair value

of the remaining 300 shares of Tett Co. 'S stock

was $111.51

per share. The fair value of the remaining 1,400

shares of Isaacson Co.'s stock was equal to its

cost of $29.08

Der share

Journalize the entries for these transactions. In

your computations, round per share amounts to

two decimal places. When required, round final

answers to the nearest dollar. If an amount box

does not require an

end

Leave it blank

answer asap!!

does NOL Feb. 24 May 16 July 14 Aug. 12 Oct. 31 Dec. 31 does NOL Feb. 24 May 16 July 14 Aug. 12 Oct. 31 Dec. 31