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Journalize the entries to record the following selected equity investment transactions completed by Flurry Company during the current year. Flurry's purchase represents less than 20%
Journalize the entries to record the following selected equity investment transactions completed by Flurry Company during the current year. Flurry's purchase represents less than 20% of the total outstanding Braxter Co. stock.
Feb. 2 | Purchased for cash 500 shares of Braxter Co. stock for $34 per share plus a $250 brokerage commission. |
Apr. 16 | Received dividends of $0.35 per share on Braxter Co. stock. |
June 17 | Sold 100 shares of Braxter Co. stock for $40 per share less a $100 brokerage commission. |
If an amount box does not require an entry, leave it blank.
Feb. 2 | fill in the blank 2 | ||
fill in the blank 4 | |||
Apr. 16 | fill in the blank 6 | ||
fill in the blank 8 | |||
June 17 | fill in the blank 10 | fill in the blank 11 | |
fill in the blank 13 | fill in the blank 14 | ||
fill in the blank 16 | fill in the blank 17 |
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