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If i sold 150 sharesof Sohn Corporation common stock for 27$ per share. The shares were originally purchased on july 11, 2013 for 21$ per
If i sold 150 sharesof Sohn Corporation common stock for 27$ per share. The shares were originally purchased on july 11, 2013 for 21$ per sahre plus comission of 60$. Central brokerage retained commmission of 70$ on the sale and forwared check no. 4289 for the net sale proceeds from waren.
-Calculate and record the gain or loss on the sale of the marketable securities
-Be sure to consider the effects of both the purchase and sale comission expenses.
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