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QUESTION 4 The following transactions were made by Dudley Company Assume all investments are short-term and are readily marketable, le trading securities May Purchased 420

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QUESTION 4 The following transactions were made by Dudley Company Assume all investments are short-term and are readily marketable, le trading securities May Purchased 420 shares of Allen Corporation common stock for $50 per share June Purchased 400 Nancy Corporation bonds for 456,000 30 Received a cash dividend of $1.50 per share from Allen Corporation Aug 15 Sold 120 shares of Allen Corporation stock for $54 per share Dec 31 Received semiannual interest check for $22,800 from Nancy Corporation 31 Received a cash dividend of $1.80 per share from Allen Corporation Instructions Journalize the transactions BE SURE TO PROVIDE ALL COMPUTATIONS TO SUPPORT YOUR ENTRIES. TT TT Paragraph Arial 3 (12pt) i 3 % DO QE Path: Words Click Save and Submit to save and submit. Click Save All Answers to save all answers

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