Wishbone Corporation made the following available-for-sale securities transactions Jan. 14 Purchased 2,000 shares of Clarke Corporation common
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Wishbone Corporation made the following available-for-sale securities transactions Jan. 14 Purchased 2,000 shares of Clarke Corporation common stock at $\$ 31.60$ per share Mar. 31 Received a cash dividend of $\$ 0.30$ per share on the Clarke Corporation stock.
Aug. 28 Sold 800 shares of Clarke Corporation stock at $\$ 37.50$ per share.
Dec. 31 The market value of the Clarke Corporation stock was $\$ 36.00$ per share Prepare journal entries to record the transactions.
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Related Book For 
Survey Of Accounting
ISBN: 9780538846172
1st Edition
Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen
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