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On February 1, Sunland SpA purchased 550 ordinary shares (2% ownership) of Becker Company for 32.00 per share. On March 20 , Sunland sold 110
On February 1, Sunland SpA purchased 550 ordinary shares (2\% ownership) of Becker Company for 32.00 per share. On March 20 , Sunland sold 110 shares of Becker for 3,135. Sunland received a dividend of 2.00 per share on April 25. On June 15, Sunland sold 220 shares of Becker for 7,700. On July 28 , Sunland received a dividend of 3.00 per share. Prepare the journal entries to record the transactions described above. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)
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