Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2017.

Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2017. a. On March 22, purchased 770 shares of RIP Company stock at $27 per share plus a(n) $340 brokerage fee. These shares are categorized as trading securities b. On September 1, received a $2 per share cash dividend on the RIP Company stock purchased in transaction a. c. On October 8, sold 385 shares of RIP Co. stock for $37 per share, less a(n) $330 brokerage fee. View transaction list Journal entry worksheet 2 3 On March 22, purchased 770 shares of RIP Company stock at $27 per share plus a(n) $340 brokerage fee. These shares are categorized as trading securities Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal