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Omar Corporation, which has begun investing in trading securities, engaged in the following transactions: 1. Jan. 6 Purchased 7,000 shares of Quaker Oats stock, $30
Omar Corporation, which has begun investing in trading securities, engaged in the following transactions: 1. Jan. 6 Purchased 7,000 shares of Quaker Oats stock, $30 per share. 2. Feb. 15 Purchased 9,000 shares of EG&G, $22 per share. 3. At year end on December 31, 2019, Quaker Oats was trading at $40 per share, and EG&G was trading at $18 per share. Record the entries in journal form for the purchases. Date A-> B I General Journal Post Ref Omar Corporation, which has begun investing in tradin
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