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EX 13-8 Y Entries for stock investments, dividends, and sale of stock OBJ. 3 idend erbury Corp. manufactures construction equipment. Journalize the entries to record

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EX 13-8 Y Entries for stock investments, dividends, and sale of stock OBJ. 3 idend erbury Corp. manufactures construction equipment. Journalize the entries to record the following selected equity investment transactions completed by Yerbury during 2016: Feb. 2. Purchased for cash 5,300 shares of Wong Inc. stock for $20 per share plus a $110 brokerage commission. 6. Received dividends of $0.30 per share on Wong Inc. stock. 7. Purchased 2,000 shares of Wong Inc. stock for $26 per share plus a $120 Mar. June 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

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