Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2017.

1. On March 22, purchased 900 shares of RIP Company stock at $15 per share plus a(n) $260 brokerage fee. These shares are categorized as trading securities.
2. On September 1, received a $4 per share cash dividend on the RIP Company stock purchased in transaction a.
3. On October 8, sold 450 shares of RIP Co. stock for $25 per share, less a(n) $250 brokerage fee.

Journal entry worksheet On March 22, purchased 900 shares of RIP Company stock at $15 per share plus a(n) $260 brokerage fee. These shares are categorized as trading securities. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Journal entry worksheet On September 1, received a $4.00 per share cash dividend on the RIP Company stock purchased in transaction a. Note: Enter debits before credits Debit Transaction General Journal Credit b. Record entry Clear entry View general journal Journal entry worksheet On October 8, sold 450 shares of RIP Co. stock for $25 per share, less a(n) $250 brokerage fee. Note: Enter debits before credits. Transaction General Journal Debit Credit . Record entry Clear entry View general journal