Hombolt Industries, Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year:

|Feb. 6. |Acquired 600 shares of Randolph Co. stock for $212 per share plus a $225 brokerage commission.

|Apr. 21. |Acquired 1,500 shares of Sterling Co. stock for $30 per share plus a $96 commission.

|Aug. 15. |Sold 300 shares of Randolph Co. stock for $224 per share less a $90 brokerage commission.

|Sept. 8. |Sold 600 shares of Sterling Co. stock for $24.50 per share less an $80 brokerage commission.

|Oct. 31. |Received dividends of $0.28 per share on Randolph Co. stock.

Journalize the entries for these transactions.

Do not copy from Chegg and give complete answer with explanation