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please make sure the full question is answered, thank you Required Information [The following information applies to the questions displayed below.] Rose Company had no
please make sure the full question is answered, thank you
Required Information [The following information applies to the questions displayed below.] Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short- term stock investments with insignificant influence. Apr 16 Purchased 6,880 shares of Gem Co. stock at $26.75 per share. July 7 Purchased 3,880 shares of PepsiCo stock at $47.00 per share. 20 Purchased 1,500 shares of Xerox stock at $15.00 per share Aug. 15 Received a(n) $8.95 per share cash dividend on the Gen Co. stock. 28 Sold 3,000 shares of Gen Co. stock at $33.50 per share Oct. 1 Received a $1.6e per share cash dividend on the PepsiCo shares Dec. 15 Received a $1.10 per share cash dividend on the remaining Gem Co. Shares 31 Received a $1.35 per share cash dividend on the PepsiCo shares Required: 1. Prepare journal entries to record the preceding transactions and events. View transaction list Journal entry worksheet 4 5 6 Z 8 Purchased 6,000 shares of Gem Co, stock at $26.75 per share Entert before credite Date Geral Journal Cebit Credit Apr 16 Record entry Clearly View general journal Required Information [The following information applies to the questions displayed below) Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short- term stock investments with insignificant influence. Apr. 16 Purchased 6,000 shares of Gen Co. stock at $26.75 per share. July 7 Purchased 3,000 shares of PepsiCo stock at $47.00 per share 20 Purchased 1,500 shares of Xerox stock at $15.00 per share. Aug. 15 Received a(n) $8.95 per share cash dividend on the Gem Co stock 28 Sold 3,000 shares of Gen Co. stock at $33.50 per share Oct 1 Received a $1.68 per share cash dividend on the PepsiCo shares Dec. 15 Received a $1.10 per share cash dividend on the remaining Gem Co. Shares 31 Received a $1.35 per share cash dividend on the PepsiCo shares. Required: 1. Prepare journal entries to record the preceding transactions and events. View transaction list Journal entry worksheet 1 2 4 6 7 8 > Purchased 3,000 shares of PepsiCo stock at $47.00 per share Date General Journal Debit Credit JULY Recondoty Clareny View general journal Required Information The following information applies to the questions displayed below! Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short- term stock investments with insignificant influence Apr 16 Purchased 6,600 shares of Gem Co stock at $26.25 per share. July 7 Purchased 3,000 shares of PepsiCo stock at $47.ee per share 20 Purchased 1,500 shares of Xerox stock at $15.00 per share Aug 15 Received an) $0.95 per share cash dividend on the Ger Co stock. 28 Sold 3,000 shares of Gem Co stock at $33.50 per share. Oct. 1 Received a $1.60 per share cash dividend on the Pepsice shares Dec. 15 Received a $1.10 per share cash dividend on the retning Genco shares. 31 Received a $1.35 per share cash dividend on the PepsiCo Shares Required: 1. Prepare journal entries to record the preceding transactions and events View transaction list Journal entry worksheet Received a(n) 50.95 per share cash dividend on the Gem Co stock. de credits General Journal Debit Credit Aug. 15 Record entry Clear entry View general journal Required Information [The following information applies to the questions displayed below) Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short- term stock investments with insignificant influence. Apr. 16 Purchased 6,800 shares of Gem Co. stock at $26.75 per share. July 7 Purchased 3,eee shares of PepsiCo stock at $47.00 per share 20 Purchased 1,500 shares of Xerox stock at $15.00 per share. Aug. 15 Received a(n) $0.95 per share cash dividend on the Gem Co. stock! 28 Sold 3,000 shares of Gem Co. stock at $33.50 per share. Oct. 1 Received a $1.68 per share cash dividend on the PepsiCo shares Dec. 15 Received a $1.le per share cash dividend on the remaining Gem Co. shares 31 Received a $1.35 per share cash dividend on the PepsiCo shares. Required: 1. Prepare journal entries to record the preceding transactions and events View transaction list Journal entry worksheet Step by Step Solution
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