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On February 22, Trlangle Corporation acquired 7,000 sharos of the 250,000 cutstanding common stock of Jupter Co, at 539 plis commission charges of 5180 .

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On February 22, Trlangle Corporation acquired 7,000 sharos of the 250,000 cutstanding common stock of Jupter Co, at 539 plis commission charges of 5180 . On June 1, a cash dividend of $2.30 per ahare was recelved. On November 12, 2,900 shares were sold at 347 less conmiasion charges of 5175 . At the end of the accounting period on Docember 31, the fair value of the remaining 4,100 shares of Juplier Company's stock was $39.53 per thare. Pequilred: Using the cost mochad, joumatre the entries for (a) the purchase of stack, (b) the recept of avilends, (c) the sale of 2900 shares, and (co the change in talr valie. Refer to the chart of accounts for the oxact nonding of the acoount tice. CNOW joumalr do not use anes for joumb oxplanations. Every dne on a joumal page is used for dobit or enedi ontries. CNOW joumats will autamatoaly holent a credi enty whon a crodt amount is chiored, in your computafions, round per ahave amounts to two dectmat places. When requilnd, reund finat answers to the nearest dollar

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