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Question 4 (14 points) Problem D (14 points) The Stone Company had the following transactions pertaining to temporary investments in equity securities. Journalize the following
Question 4 (14 points) Problem D (14 points) The Stone Company had the following transactions pertaining to temporary investments in equity securities. Journalize the following transactions: January 1 Purchased 900 shares of Rice Company stock for $9,450 plus brokerage fees of $270. Type Debit (hit return key) Type Credit, by spacing four to five spaces for each transaction in the problem. Leave a blank line between your transactions. June 1 Received cash dividends of $.50 per share on the Rice Company stock. September 15 Sold 400 shares of the Rice Company stock for $4,300 less brokerage fees of $100. December 1 Received cash dividends of $.50 per share on the Rice Company stock
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