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 1,000 shares of RIP company stock at 10.00 per share plus an 80.00 brokerage fee. These shares are categorized as trading securities.

B. On September 1, received a $1.00 per share cash dividend on the RIP company stock purchased in Transaction a.

C. On October 8, sold 500 shares of RIP Co stock for $15 per share, less a $50 brokerage fee.