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[The following information applies to the questions displayed below.] a. On March 22, purchased 800 shares of RPI Company stock at $23 per share. Duke's

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[The following information applies to the questions displayed below.] a. On March 22, purchased 800 shares of RPI Company stock at $23 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 400 shares of RPI stock for $33 per share. epare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which curred during the current year. Journal entry worksheet On March 22, purchased 800 shares of RPI Company stock at $23 per share. Duke's stock investment results in it having an insignificant influence over RPI. Note: Enter debits before credits 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. Journal entry worksheet

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