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Sandhill Company had the following transactions pertaining to stock investments. Feb. 1 Purchased 4 0 0 shares of Wade common stock ( 2 % )
Sandhill Company had the following transactions pertaining to stock investments.
Feb. Purchased shares of Wade common stock for $ cash.
July Received cash dividends of $ per share on Wade common stock.
Sept. Sold shares of Wade common stock for $
Dec. Received cash dividends of $ per share on Wade common stock.
a
Journalize the transactions. List all debit entries before credit entries. Credit account titles are automatically indented when amount is
entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select No entry" for
the account titles and enter for the amounts.
Date
Account Titles and Explanation
Debit
Credit
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