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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] a. On March 22, purchased
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] a. On March 22, purchased 730 shares of RPI Company stock at $27 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1, received a $3 per share cash dividend on the RPI stock purchased in part a. c. On October 8, sold 365 shares of RPI stock for $37 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 8:03:59 ook int rint Journal entry worksheet 1 2 3 rences On March 22, purchased 730 shares of RPI Company stock at $27 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 Journal entry worksheet > 1 2 3 On July 1, received a $3 per share cash dividend on the RPI stock purchased in part a. Note: Enter debits before credits. Transaction General Journal Debit Credit Journal entry worksheet < 1 2 3 On October 8, sold 365 shares of RPI stock for $37 per share. Note: Enter debits before credits. Transaction C. General Journal Debit Credit
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