July $1$ Received cash dividends of $$1$ per share on Wade common stock.

Sept. $1$ Sold $200$ shares of Wade common stock for $$3,000.$

Dec. $1$ Received cash dividends of $$1$ per share on Wade common stock.

$($a$)$

Journalize the transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

Sandhill Company had the following transactions pertaining to stock investments.

Feb. $1$ Purchased $400$ shares of Wade common stock $(2\%)$ for $$4,800$ cash.

July $1$ Received cash dividends of $$1$ per share on Wade common stock.

Sept. $1$ Sold $200$ shares of Wade common stock for $$3,000.$

Dec. $1$ Received cash dividends of $$1$ per share on Wade common stock.

$($a$)$

Journalize the transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit