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 820 shares of RIP Company stock at $30 per share plus ain) $330 brokerage fee. These shares are categorized as trading securities. b. On September 1, received a $1 per share cash dividend on the RIP Company stock purchased in transaction a. c. On October 8, sold 410 shares of RIP Co. stock for $40 per share, less a(n) $320 brokerage fee. No Transaction Debit Answer is not complete. General Journal Short-term investments-Trading (RIP) Brokerage fee expense Cash Credit a. 24,600 330 24,930 2 b. Cash > 820 Interest revenue 820 3 C 16,080 3208 Cash Brokerage fee expense Short-term investments-Trading (RIP) Gain on sale of short-term investments 12,300 x 3,780 %