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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 2017. a. On
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 730 shares of RIP Company stock at $24 per share plus a(n) $290 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 365 shares of RIP Co. stock for $34 per share, less ti(n) $280 brokerage fee. View transaction list Journal entry worksheet 1 2 3 > On March 22, purchased 730 shares of RIP Company stock at $24 per share plus a(n) $290 brokerage fee. These shares are categorized as trading securities Notel Entar debits before credits Transaction General Journal Dubit Credit Journal entry worksheet 1 2 3 On September 1, received a $2.00 per share cash dividend on the RIP Company stock purchased in transaction a. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal Journal entry worksheet
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