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On February 2 2 , Triangle Corporation acquired 7 , 7 0 0 shares of the 2 7 0 , 0 0 0 outstanding common
On February Triangle Corporation acquired shares of the outstanding common stock of Jupiter Co at $ plus commission charges of $ On June a cash dividend of $ per share was received. On November shares were sold at $ less commission charges of $ At the end of the accounting period on December the fair value of the remaining shares of Jupiter Company's stock was $ per share. In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. a Using the cost method, journalize the entry for the purchase of stock. If an amount box does not require an entry, leave it blank. Feb. Cash
On February Triangle Corporation acquired shares of the outstanding common stock of Jupiter Co at $ plus commission charges of $ On June a cash dividend of $ per share was received. On November shares were sold at $ less commission charges of $ At the end of the accounting period on December the fair value of the remaining shares of Jupiter Company's stock was $ per share.
In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar.
a Using the cost method, journalize the entry for the purchase of stock. If an amount box does not require an entry, leave it blank.
Feb.
Cash
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