Suppose Charleston Corp. completed the following investment transactions in 2020 and 2021: 2020 Nov. 6 Purchased 2,400 McGregor Corporation common shares for $74,400. Charleston plans to sell the shares in the near future to meet its operating cash flow requirements. Brokerage commissions on the purchase were $800. 30 Received a quarterly cash dividend of $1.50 per share on the McGregor Corporation shares. Dec. 31 Current fair value of the McGregor common shares is $79,200. This is year-end for Charleston Corp. 2021 Jan. 20 Sold the McGregor Corporation shares for $81,200, less brokerage commissions on the sale of $910. Required Requirement 1. Make the entries to record Charleston Corp.'s investment transactions. November 6, 2020. Purchased 2,400 McGregor Corporation common shares for $74,400. Charleston plans to sell the shares in the near future to meet its operating cash flow requirements. Brokerage commissions on the purchase were $800. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Debit Credit Date Accounts Clear all Check answer Help me solve this Calculator