Entries for Trivestment in Stock, Receipt of Dividends, and sale of Shares On February 22, Stewart Corporation acquired 6,300 shares of the 220,000 outstanding shares of Edwards Co. cornmon stock at $27.85 plus commission charges of $945. On June 1, a cash dividend of $0.45 per share was received. On November 12, 2,100 shares were sold at $34 less commission charges of $252 In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. a. Using the cost method, journalize the entry for the purchase of stock. Feb. 22 Investments Edwards Co. Stock Cash Feedback b. Using the cost method, joumalize the entry for the receipt of dividends. June 1 Cash & Dividend Revenue Using the cost method, journalize the entry for the sale of 2,100 shares. For a compound transaction, if an amount box does not require an entry, leave it blank Now. 12 Cash Gain on Sale of Investments Investments Edwards Co. Stock