Business, 21.05.2021 17:00 tiffanybrown703
Yerbury Corp. manufactures construction equipment. Journalize the entries to record the following selected equity investment transactions completed by Yerbury during a recent year. Refer to the Chart of Accounts for exact wording of account titles. When required, round your answers to the nearest dollar.
Feb. 2 Purchased for cash 5,300 shares of Wong Inc. stock for $20 per share plus a $110 brokerage commission.
Mar. 6 Received dividends of $0.30 per share on Wong Inc. stock.
June 7 Purchased 2,000 shares of Wong Inc. stock for $26 per share plus a $125 brokerage commission.
July 26 Sold 6,000 shares of Wong Inc. stock for $35 per share less a $100 brokerage commission. Yerbury assumes that the first investments purchased are the first investments sold.
Sept. 25 Received dividends of $0.40 per share on Wong Inc. stock.
Answers: 3
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Business, 22.06.2019 12:50, emarquez05
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Business, 22.06.2019 20:00, mooneyhope24
Experienced problem solvers always consider both the value and units of their answer to a problem. why?
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Yerbury Corp. manufactures construction equipment. Journalize the entries to record the following se...
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