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Journalize the entries for the following selected equity investment transactions completed by Perry Company during the current year. Perry accounts for the Dexter Co .
Journalize the entries for the following selected equity investment transactions completed by Perry Company during the current year. Perry accounts for the Dexter Co investment using the fair value method.
Feb. Purchased for cash shares of Dexter Co stock for $ per share plus a $ brokerage commission. This represents a less than ownership interest in the company.
Apr. Received dividends of $ per share on Dexter Co stock.
June Sold shares of Dexter Co stock for $ per share less a $ brokerage commission.
Aug. Purchased shares of Dexter Co stock for $ per share plus a $ brokerage commission.
Nov. Received dividends of $ per share on Dexter Co stock.
If an amount box does not require an entry, leave it blank.
Feb.
Apr.
June
Aug.
Nov.
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