Exercise 15-2 Accounting for short-term trading securities LO P1 Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2017 a. On March 22, purchased 870 shares of RIP Company stock at $19 per share plus a(n) $310 brokerage fee. These shares are categorized as trading securities. b. On September 1, received a $3 per share cash dividend on the RIP Company stock purchased in transaction a. c. On October 8, sold 435 shares of RIP Co. stock for $29 per share, less a(n) $300 brokerage fee. View transaction list Journal entry worksheet