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Required information [The following information applies to the questions displayed below.] a. On March 22, purchased 850 shares of RPI Company stock at $21 per

Required information [The following information applies to the questions displayed below.] a. On March 22, purchased 850 shares of RPI Company stock at $21 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1, received a $2 per share cash dividend on the RPI stock purchased in part a. c. On October 8, sold 425 shares of RPI stock for $31 per share. Prepare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which occurred during the current year. View transaction list Journal entry worksheet > 1 2 3 On March 22, purchased 850 shares of RPI Company stock at $21 per share. Duke's stock investment results in it having an insignificant influence over RPI. Note: Enter debits before credits. Transaction General Journal Debit Credit

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