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I have a problem with letter f i have 4 spaces. check this http://www.chegg.com/homework-help/questions-and-answers/present-entries-record-following-selected-transactions-masterson-co-purchased-600-shares-1-q6664147 Present entries to record the following selected transactions of Masterson Co.
I have a problem with letter f i have 4 spaces.
check this http://www.chegg.com/homework-help/questions-and-answers/present-entries-record-following-selected-transactions-masterson-co-purchased-600-shares-1-q6664147
Present entries to record the following selected transactions of Masterson Co. a. Purchased 600 shares of the 100,000 shares outstanding si0 par common shares of Dankin Corporation for $s,100. b. Purchased 3,500 shares of the 10,000 shares no par commion shares of Ramon Co, for $15,700. The investment was accounted for by the equity method. c. Received a cash dividend of si per share oni the Dankin Corpuration stock acquired in (a) d. Recewed a cash dividend of $2 per share on the Ramon Co, stock acquired in (b) e. Sold too shares of he Darikin Corporation shares acquired in (a) for $2,100. t. Dankin Corporation reported net incomie ot $30,000 and Ramun Company's repurted net income was $50,000Step by Step Solution
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