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[The following information applies to the questions displayed below:] a. On March 22, purchased 720 shares of RPI Company stock at $22 per share. Duke's

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[The following information applies to the questions displayed below:] a. On March 22, purchased 720 shares of RPI Company stock at $22 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1, recelved a $2 per share cash dlvidend on the RPI stock purchased in part a. c. On October 8 , sold 360 shares of RPI stock for $32 per share. repare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which ccurred during the current year. Journal entry worksheet On March 22, purchased 720 shares of RPI Company stock at $22 per share. Duke's stock investment results in it having an insignificant influence over RPI. Note: Enter debits before credits. [The following information applies fo the questions displayed below] a. On March 22, purchased 720 shares of RPI Company stock at $22 per 5 hare. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1 , received a $2 per share cash dividend on the RPI stock purchased in part a. c. On October 8 , sold 360 shares of RPI stock for $32 per share. repare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which ccurred during the current year. Journal entry worksheet On July 1 , received a $2 per share cash dividend on the RPI stock purchased in part a. Note: Enter debits before credits. [The following information applies to the questions displayed below] a. On March 22, purchased 720 shares of RPI Company stock at $22 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1 , received a $2 per share cash dividend on the RPI stock purchased in part a. c. On October 8 , sold 360 shares of RPI stock for $32 per share. repare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which ccurred during the current year. Journal entry worksheet On October 8 , sold 360 shares of RPI stock for $32 per share. Note: Enter debits before credits

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