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Homework8 1. Cat purchased 1,000 shares of Dog for $6 per share on February 22, 2018. On December 31, 2018, the stock was selling for
Homework8 1. Cat purchased 1,000 shares of Dog for $6 per share on February 22, 2018. On December 31, 2018, the stock was selling for S5.50 per share. On September 16, 2019, Cat sold all of the shares for $8 per share. a. Record the entries for each date assuming Cat classified the shares as available for sale securities Record the entries for each date assuming Cat classified the shares as trading securities b
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