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Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2015. Prepare journal
Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2015.
Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2015. a. On March 22, purchased 890 shares of RIP Company stock at $24 per share plus an $320 brokerage fee. These shares are categorized as trading securities. transaction a. c. On October 8, sold 445 shares of RIP Co. stock for $34 per share, less a $310 brokerage fee. view transaction list vew general journal Journal Entry Worksheet X) 2 3 On March 22, purchased 890 shares of RIP Company stock at $24 per share plus a $320 brokerage fee. These shares are categorized as trading securities. Transaction General Journal Debit Credit Enter debits before credits don dome clear entry record entryStep by Step Solution
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