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Stock Investment Transactions On September 12, 3,600 shares of Aspen Company were acquired at a price of $63 per share plus a $180 brokerage commission.

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Stock Investment Transactions On September 12, 3,600 shares of Aspen Company were acquired at a price of $63 per share plus a $180 brokerage commission. On October 15, a $1.1-per-share dividend was received on the Aspen stock. On November 10, 1,440 shares of the Aspen stock were sold for $56 per share less a $72 brokerage commission In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Journalize the entries to record the original purchase, the dividend, and the sale under the cost method. Sept. 12 - Purchase Investments - Aspen Company Stock 226,980 Cash 226980 Oct. 15 - Dividend Cash 3.960 Dividend Revenue 2.960 Nov. 10 - Sale Cash 80,568 Loss on Sale of Investments II) Investments - Aspen Company Stock

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