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Required information Use the following information for the Exercises below. (Algo) The following information apples to the questions displayed below) a. On March 22. purchased

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Required information Use the following information for the Exercises below. (Algo) The following information apples to the questions displayed below) a. On March 22. purchased 770 shares of RPI Company stock at $28 per share. Duke's stock Investment results in it having an insignificant influence over RPL b. On July 1, received a $3 per share cash dividend on the RPI stock purchased in part a c. On October 8, sold 385 shares of RPi stock for $38 per share. Exercise 15-8 (Algo) Accounting for stock investments with insignificant influence LO P4 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 dat Journal entry worksheet 1 2 3 On March 22, purchased 770 shares of RPI Company stock at $28 per share. Duke's stock investment result in huinn an mein Journal entry worksheet On March 22, purchased 770 shares of RPI Company stock at $28 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 a. Record entry Clear entry View general journal Journal entry worksheet 1 3 3 > On July 1, received a $3 per share cash dividend on the RPI stock purchased in part a. Note: Enter debits before credits. General Journal Transaction b. Dobit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 3 On October 8, sold 385 shares of RPI stock for $38 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit c. Record entry Clear entry View general Journal

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