ries for investment in Stock, Receipt of Dividends, and Sale of Shares February 22, Stewart Corporation acquired 5,500 shares of the 195,000 outstanding shares of Edwards Co. common stock at $33.90 plus commissie June 1, a cash dividend of $1.10 per share was received. On November 12,1,800 shares were sold at $41 less commission charges of $216. your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. - Using the cost method, journalize the entry for the purchase of stock. Feb. 22 Check My Work a. When recording the purchase of the investment, consider the amount of the brokerage commission. b. Using the cost method, journalize the entry for the receipt of dividends. June 1 Fosaback T Chear Mr Wois b. Record the revenue earned. c. Using the cost method, joumalize the entry for the sale of 1,800 shares. ries for investment in Stock, Receipt of Dividends, and Sale of Shares February 22, Stewart Corporation acquired 5,500 shares of the 195,000 outstanding shares of Edwards Co. common stock at $33.90 plus commissie June 1, a cash dividend of $1.10 per share was received. On November 12,1,800 shares were sold at $41 less commission charges of $216. your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. - Using the cost method, journalize the entry for the purchase of stock. Feb. 22 Check My Work a. When recording the purchase of the investment, consider the amount of the brokerage commission. b. Using the cost method, journalize the entry for the receipt of dividends. June 1 Fosaback T Chear Mr Wois b. Record the revenue earned. c. Using the cost method, joumalize the entry for the sale of 1,800 shares