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Journalize the following investment transactions for Bonneau Inc. Jul1 Purchased for cash 8,000 shares of Wang, Inc stock for $20 each plus a $800
Journalize the following investment transactions for Bonneau Inc. Jul1 Purchased for cash 8,000 shares of Wang, Inc stock for $20 each plus a $800 brokerage fee. Aug 3 Received dividends of .70 per share from Wang Aug 15 Purchased 50 $1,000 coporate bonds from Smith Inc at par. Sept 1 Received interest payment of $2,500 from Smith Oct 31 Sold 4,000 sh of Wang stock for $40 each Dec 31 Market price of the Wang stock is $50 each
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
