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please awnser all Cocoa and Reuben Company had no short-term investments before 2021. It had the following transactions in 2021 involving short-term stock investments with
please awnser all
Cocoa and Reuben Company had no short-term investments before 2021. It had the following transactions in 2021 involving short-term stock investments with insignificant influence. Apr. 16 Purchased 3,500 shares of Gem Co. stock at $24 per share. July 7 Purchased 2,000 shares of PepsiCo stock at $49 per share. 20 Purchased 1,000 shares of Xerox stock at $16 per share. Aug. 15 Received a $1.00 per share cash dividend on the Gem Co. stock. 28 Sold 2,000 shares of Gem Co stock at $30 per share. Oct. 1 Received a $2.50 per share cash dividend on the PepsiCo shares. Dec. 15 Recelved a $1.00 per share cash dividend on the remaining Gem Co, shares. 31 Received a $1.50 per share cash dividend on the PepsiCo shares. Please prepare the journal entries for each date presented above. Please use the dates provided for each journal entry. You should have 8 journal entries to be graded Step by Step Solution
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