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In January 2 0 2 2 , the management of Wildhorse Company concludes that it has sufficient cash to purchase some short - term investments
In January the management of Wildhorse Company concludes that it has sufficient cash to purchase some shortterm investments in debt and stock securities During the year, the following transactions occurred. Jan. Purchased $ TRC bonds for $ Interest is payable annually on December Feb. Purchased shares of LAF common stock for $ Mar. Purchased shares of NCL common stock for $ July Received a cash dividend of $ per share on the LAF common stock. Aug. Sold shares of LAF common stock at $ per share. Sept. Received $ per share cash dividend on the NCL common stock. Dec. Received the annual interest on the TRC bonds. Sold the TRC bonds for $
In January the management of Wildhorse Company concludes that it has sufficient cash to purchase some shortterm investments in debt and stock securities During the year, the following transactions occurred.
Jan. Purchased $ TRC bonds for $ Interest is payable annually on December
Feb. Purchased shares of LAF common stock for $
Mar. Purchased shares of NCL common stock for $
July Received a cash dividend of $ per share on the LAF common stock.
Aug. Sold shares of LAF common stock at $ per share.
Sept. Received $ per share cash dividend on the NCL common stock.
Dec. Received the annual interest on the TRC bonds.
Sold the TRC bonds for $
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