Question
the following equity investment-related transactions were completed by Kindle Company in 2014: Jan. 12 Purchased 1,400 shares of Baxter Company for a price of $57.75
the following equity investment-related transactions were completed by Kindle Company in 2014:
Jan. 12 Purchased 1,400 shares of Baxter Company for a price of $57.75 per share plus a brokerage commission of $350.
Apr. 10 Received a quarterly dividend of $0.70 per share on the Baxter Company investment.
June 3 Sold 900 shares for a price of $52 per share less a brokerage commission of $200.
Journalize the entries for these transactions. In your computations, round per share amounts to two decimal places. If required, round the final answers to the nearest dollar
Jan. 12 - Purchase
Apr. 10 - Dividend
June 3 - Sale
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Surviving An OSHA Audit A Managent Guide
Authors: Frank R. Spellman
1st Edition
0367579340, 978-0367579340
