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Investments Final 1. Journalize the entries to record the following selected bond investment transactions for Southwest Bank: (1) Purchased for cash S400.000 of Daytona Beach
Investments Final 1. Journalize the entries to record the following selected bond investment transactions for Southwest Bank: (1) Purchased for cash S400.000 of Daytona Beach 5% bonds at 100 plus acecrued interest of $4,500. druit Cush (2) Received first semiannual interest. 2. Journalize the entries to record the following selected equity investment Company during 2015: Purchased for cash 1,000 shares of Dexter Co.stock for $54 per share plus a $450 brokerage commission. February 2 April 16 Received dividends of S0.25 per share on Dexter Co. stock. Sold 1,000 shares of Dexter Co. stock for $70 per share less a S500 brokerage commission June 17
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