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Journalize the following investment transactions of Adventures Inc.: August 6 Purchased 1 comma 200 Intrust Corporation common shares as a long-term investment, paying $ 99.00
Journalize the following investment transactions of Adventures Inc.: August 6 Purchased 1 comma 200 Intrust Corporation common shares as a long-term investment, paying $ 99.00 per share. Adventures Inc. exerts no significant influence on Intrust Corporation. Commissions on the purchase were $ 1 comma 300. September 12 Received cash dividends of $ 2.05 per share on the Intrust Corporation investment. November 23 Received 240 Intrust Corporation common shares in a 20 percent stock dividend. December 4 Unexpectedly sold all the Intrust Corporation shares for $ 98.00 per share, less commissions on the sale of $ 800
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