Prepare Riley Company's journal entries to record the following transactions for the current year. April 18 Purchases 490 common shares of XLT Company as a short-term investment at a cost of $61 per share. With this stock investment, Riley has an insignificant influence over XLT. May 30 Receives $1.80 per share from XLT in dividends. View transaction list Journal entry worksheet Purchases 490 common shares of XLT Company as a short-term investment at a cost of $61 per share. With this stock investment, Riley has an insignificant influence over XLT. Note: Enter debits before credits. Date General Journal Debit Credit April 18 Journal entry worksheet 1. 2 Receives $1.80 per share from XLT in dividends. Note: Enter debits before credits. Date General Journal Debit Credit May 30