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journalize the entries to record the transactions. refer to the chart of Accounts for exact wording of account titles. When required, round your answers to

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journalize the entries to record the transactions. refer to the chart of Accounts for exact wording of account titles. When required, round your answers to the nearest dollar..

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Journalize the entries to record the following selected equity investment transactions completed by Yerbury during a recent year. Refer to the Chart of Accounts for exact wording of account titles. When required, round your answers to the nearest dollar Feb Mar. June 7 Purchased for cash 5,300 shares of Wong Inc. stock for $20 per share plus a S110 brokerage commission Received dividends of S0.30 per share on Wong Inc, stock. Purchased 2,000 shares of Wong Inc stock for $26 per share plus a $120 brokerage commission Sold 6,000 shares of Wong Inc. stock for $35 per share less a $100 brokerage commission. Yerbury assumes that the first investments purchased are the first investments sold. Received dividends of $0.40 per share on Wong Inc stock July 26 Sept. 25 Missing Statement Items, Available-for-Sale Securities Highland Industries Inc. makes investments in available-for-sale securities. Selected income statement items for the years ended December 31, Year 2 and Year 3, plus selected items from comparative balance sheets, are as follows: There were no dividends. Determine the missing items. If required, use the minus sign to indicate a net or operating loss, unrealized losses, or a credit balance in the valuation allowance account. Highland Industries Inc. Selected Income Statement Items For the Years Ended December 31, Year 2 and Year 3 Year 2 Year 3 7,500 Operating Income (Loss) Gain (Loss) from Sale of Investments Net Income (Loss) (12,000) $(21,000) Highland Industries Inc. Selected Balance Sheet Items December 31, Year 1, Year 2, and Year 3 Dec. 31, Year 1 Dec 31, Year 2 Dec 31, Year 3 $102,000 $86,000 - Journalize the entries to record the following selected equity investment transactions completed by Yerbury during a recent year. Refer to the Chart of Accounts for exact wording of account titles. When required, round your answers to the nearest dollar Feb Mar. June 7 Purchased for cash 5,300 shares of Wong Inc. stock for $20 per share plus a S110 brokerage commission Received dividends of S0.30 per share on Wong Inc, stock. Purchased 2,000 shares of Wong Inc stock for $26 per share plus a $120 brokerage commission Sold 6,000 shares of Wong Inc. stock for $35 per share less a $100 brokerage commission. Yerbury assumes that the first investments purchased are the first investments sold. Received dividends of $0.40 per share on Wong Inc stock July 26 Sept. 25 Missing Statement Items, Available-for-Sale Securities Highland Industries Inc. makes investments in available-for-sale securities. Selected income statement items for the years ended December 31, Year 2 and Year 3, plus selected items from comparative balance sheets, are as follows: There were no dividends. Determine the missing items. If required, use the minus sign to indicate a net or operating loss, unrealized losses, or a credit balance in the valuation allowance account. Highland Industries Inc. Selected Income Statement Items For the Years Ended December 31, Year 2 and Year 3 Year 2 Year 3 7,500 Operating Income (Loss) Gain (Loss) from Sale of Investments Net Income (Loss) (12,000) $(21,000) Highland Industries Inc. Selected Balance Sheet Items December 31, Year 1, Year 2, and Year 3 Dec. 31, Year 1 Dec 31, Year 2 Dec 31, Year 3 $102,000 $86,000

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