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EX 15-7 Entries for investment in stock, receipt of dividends, and sale of shares OBJ. 3 The following equity investment transactions were completed by Romero

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EX 15-7 Entries for investment in stock, receipt of dividends, and sale of shares OBJ. 3 The following equity investment transactions were completed by Romero Company during a recent year: Apr. 10. Purchased 5,000 shares of Dixon Company for a price of $25 per share plus a brokerage commission of $75. July 8. Received a quarterly dividend of $0.60 per share on the Dixon Company investment Sept. 10. Sold 2,000 shares for a price of $22 per share less a brokerage commission of $120. Journalize the entries for these transactions

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