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Instructions On February 22. Triangle Corporation acquired 7,400 shares of the 220,000 outstanding common stock of Jupiter Co at 842 plus commission changes or 5195

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Instructions On February 22. Triangle Corporation acquired 7,400 shares of the 220,000 outstanding common stock of Jupiter Co at 842 plus commission changes or 5195 on June 1, a cash dividend of 2 35 per share was received. On November 12, 3.200 shares were sold at $50 less commission charges of 5155. At the end of the accounting period on December 31, the fair value of the remaining 4.200 shares of Jupiter Company's stock was 542 53 per share. Required: Using the cost method, journanze me entnes for ca the purchase of stock (hy the receipt of dividends (c) the sale or 3 200 shares and la change in fair value Refer to the chart of accounts for the exact wording of the account CNOW mais do not use lines for ouma explanations. Every line on a journal page is used for det or crear entries. CNOW journals net actomatically indent a credit entry when a credit amount is entered in your computations, round per share amounts 10 wo decimal places. When required, round final answers to the nearest dollar Journal Using the cost method, journalize the entries for (a) the purchase of stock() the receipt of dividends (c) the sale of 3,200 shares, and (d) the change in far vale the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for Journal exclanations. Every ine on a journal page is used for credit entries. CNOW Journals will automatically indent a credit entry when a credit amount is entered in your computations, round pur share amounts places. When required, round final answers to the nearest dollar WO ACCOUNTING EQUATI JOURNAL POST. REF DEBIT CREDIT ASSETS LITIES CATE DESCRIPTION

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