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Stock Investment Transactions On September 12, 2,000 shares of Aspen Company are acquired at a price of $50 per share plus a $200 brokerage commission.

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Stock Investment Transactions On September 12, 2,000 shares of Aspen Company are acquired at a price of $50 per share plus a $200 brokerage commission. On October 15, a $0.50-per-share dividend was received on the Aspen Company stock. On November 10, 1,200 shares of the Aspen Company stock were sold for 542 per share less a $150 brokerage commission When required, round final answers to the nearest dollar. For a compound transaction, it an amount box does not require an entry, leave it blank Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method. Sep. 12 Oct. 15 | 101 Nov. 10 On September 12, 2,000 shares of Aspen Company are ac dividend was received on the Aspen Company stock. On N commission When required, round final answers to the nearest dollar. Prepare the journal entries for the original purchase, the Sep. 12 Oct. 15 Cash Dividend Revenue Interest Receivable Investments-Aspen Company Stock Notes Receivable Nov. 10 1

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