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Sept. 1 Cash 9300 Stock Investments 6300 Gain on Sale of Stock Investments 3000 Dec. 1 Cash 747 Dividend Revenue Sheridan Company had these transactions
Sept. 1 Cash 9300 Stock Investments 6300 Gain on Sale of Stock Investments 3000 Dec. 1 Cash 747 Dividend Revenue Sheridan Company had these transactions pertaining to stock investments: Feb. 1 Purchased 3,000 shares of BFF common stock (2\% of outstanding shares) for $17,100 cash. July 1 Received cash dividends of $0.90 per share on BFF common stock. Sept. 1 Sold 830 shares of BFF common stock for $9,300 Dec. 1 Received cash dividends of $0.90 per share on BFF common stock
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