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Green Company had these transactions pertaining to sharo investments: Feb. 1 Purchased 3,000 shares of Rod Company (10%) for $76,000 cash. June 1 Received cash
Green Company had these transactions pertaining to sharo investments: Feb. 1 Purchased 3,000 shares of Rod Company (10%) for $76,000 cash. June 1 Received cash dividends of S2 per share on Red shares. The entry to record the purchase of the Red shares would include a Select one dobit to investment Revenuo for S6,000. credit to Cash for $70,000, credit to Share Investments for $76.000. dcbit to Sharo Investments for S76,000
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