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son 5 AL-kamel Supplies Company purchased 1200 shares of Bahwan Group shares at OR30 per share. Brokerage fee of OR700. Two months later, the shares
son 5 AL-kamel Supplies Company purchased 1200 shares of Bahwan Group shares at OR30 per share. Brokerage fee of OR700. Two months later, the shares were sold for OR32 per share. The brokerage fee on the sale wasOR800. ered Ed out of son The journal entry for sale is Cash (1200 shares x 32] 38.400 Gain on sale of Investments Investment in G Motors common shares 1.700 36,700 Select one True False
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