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The following transactions were made by Sandhill Company. Assume all investments are short-term. June 2 July 1 30 Sept. 15 Dec. 31 31 Purchased

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The following transactions were made by Sandhill Company. Assume all investments are short-term. June 2 July 1 30 Sept. 15 Dec. 31 31 Purchased 900 shares of Wildhorse Corporation common stock for $49 per share. Purchased 260 Blossom Corporation bonds for $269,000. Received a cash dividend of $2.25 per share from the Wildhorse Corporation. Sold 200 shares of Wildhorse Corporation stock for $52 per share. Received semiannual interest check for $10,500 from the Blossom Corporation. Received a cash dividend of $2.25 per share from the Wildhorse Corporation. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) to search Date June 2 July 1 July 30 v Account Titles and Explanation Stock Investments Cash. Debt Investments Cash v Cash Dividend Revenue Debit 44100 269000 1160 Credit 44100 269000 1160

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