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Required information [The following information applies to the questions displayed below.] a. On March 22, purchased 1,000 shares of RPI Company stock at $10 per

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Required information [The following information applies to the questions displayed below.] a. On March 22, purchased 1,000 shares of RPI Company stock at $10 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1 , received a $1 per share cash dividend on the RPI stock purchased in part a . c. On October 8 , sold 50 shares of RPI stock for $15 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 1,000 shares of RPI Company stock at $10 per share. Duke's stock investment results in it having an insignificant influence over RPI. Note: Enter debits before credits

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