Prepare journal entries to record the following transactions involving the short-term securities investments of Duke Co., all of which occurred during year 2013.

a.

On March 22, purchased 770 shares of RIP Company stock at $24 per share plus a $190 brokerage fee. These shares are categorized as trading securities

b.

On September 1, received a $4 per share cash dividend on the RIP Company stock purchased in transaction a.

c.	On October 8, sold 385 shares of RIP Co. stock for $34 per share, less a $180 brokerage fee.