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What is the gain on sale of stock and stock investment? Exercise 12-4 Hulse Company had the following transactions pertaining to stock investments. Feb. 1

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What is the gain on sale of stock and stock investment?

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Exercise 12-4 Hulse Company had the following transactions pertaining to stock investments. Feb. 1 Purchased 750 shares of Wade common stock (2%) for $9,000 cash. July 1 Received cash dividends of $2 per share on Wade common stock. Sept. 1 Sold 110 shares of Wade common stock for $1,496. Dec. 1 Received cash dividends of $2 per share on Wade common stock. I Your answer is partially correct. Try again. Journalize the transactions. (Credit account ties are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter a for the amounts.) Data Account \"He: and Exp! nation Stock Investments Cash July1 6 Cash Dividend Revenue ea!!! Cash Gain on Sale of Stock II Stock Investments J m Cash Dividend Revenue

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