On August 1 Larkspur finance in corporation buys 3700 datawave common shares for trading purposes $140,600 cash .on October 15, . Larkspur receives a cash dividend of $ 3.15 per share from datawave . on December 1 larkspur sells the shares for $148000 Cash.

Prepare the journal entry to record the purchase of the shares

Aug 1st

Prepare the journal entry to record the receipt of the divedends

Oct 15

Prepare the journal entry to record the sales of the shares