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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

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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 March 22, purchased 810 shares of RIP Company stock at $28 per share plus ain) $210 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 405 shares of RIP Co. stock for $38 per share, less a(n) $200 brokerage fee View transaction list Journal entry worksheet 1 > On March 22, purchased 10 shares of RIP Company stock at $28 per share plus a(n) $210 brokerage fee. These shares are categorized as trading securities Noter inter debits before credits Transaction General Journal Short-term investments...Trading (RIP) Cash Debit Credit Record entry Clear entry View general Journal 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 810 shares of RIP Company stock at $28 per share plus a(n) $210 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 405 shares of RIP Co. stock for $38 per share, less a(n) $200 brokerage fee. View transaction list Journal entry worksheet On September 1, recelved a $2.00 per share cash dividend on the RIP Company stock purchased in transaction a. Nota: Enter debits before credits Debit Credit Transaction General Journal b Cash Dividend revenue Racord entry Clear entry View general Journal 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 810 shares of RIP Company stock at $28 per share plus a(n) $210 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 405 shares of RIP Co. stock for $38 per share, less ain) $200 brokerage fee. View transaction list Journal entry worksheet 3 on October 8, sold 405 shares of RIP Co stock for $38 per share, less a(m) $200 brokerage fee Note: Enter debits before credits Debit Credit Transaction General Journal o Cash Short-term investments-Trading (RIP) Gain on sale of short-term investments Record entry Clear entry View general Journal

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