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On September 1, Investors, Inc. purchases 1,400 shares (insignificant influence) of $1 par value common stock of Hamilton International at $11 per share. On October
On September 1, Investors, Inc. purchases 1,400 shares (insignificant influence) of $1 par value common stock of Hamilton International at $11 per share. On October 15, the investment is sold for $14 per share. Record the purchase and sale of the investment in Hamilton International. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Record the purchase of investment. Note: Enter debits before credits Date September 01 General Journal Debit Credit
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