Stock Investment Transactions On September 12, 2,900 shares of Aspen Company are acquired at a price...
Stock Investment Transactions
On September 12, 2,900 shares of Aspen Company are acquired at a price of $64.00 per share plus a $145 brokerage commission. On October 15, a $1.10-per-share dividend was received on the Aspen Company stock. On November 10, 1,160.00 shares of the Aspen Company stock were sold for $57 per share less a $58 brokerage commission.
When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank.
Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method.
| Sept. 12 | Investments-Aspen Company Stock | ||
| Cash | |||
| Oct. 15 | Cash | ||
| Dividend Revenue | |||
| Nov. 10 | Cash | ||
| Loss on Sale of Investments | |||
| Investments-Aspen Company Stock |
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Stock Investment Transactions
On September 12, 2,900 shares of Aspen Company are acquired at a
price...
Stock Investment Transactions On September 12, 2,900 shares of Aspen Company are acquired at a price...
Stock Investment Transactions On September 12, 2,900 shares of Aspen Company are acquired at a price of $36.00 per share plus a $145 brokerage commission. On October 15, a $1.20-per-share dividend was received on the Aspen Company stock. On November 10, 1,160.00 shares of the Aspen Company stock were sold for $31 per share less a $58 brokerage commission. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an...
Stock Investment Transactions On September 12, 3,500 shares of Aspen Company are acquired at a price...
Stock Investment Transactions On September 12, 3,500 shares of Aspen Company are acquired at a price of $58.00 per share plus a $175 brokerage commission. On October 15, a $1.20-per-share dividend was received on the Aspen Company stock. On November 10, 1,400.00 shares of the Aspen Company stock were sold for $53 per share less a $70 brokerage commission. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an...
On September 12, 3,100 shares of Aspen Company are acquired at a price of $40.00 per...
On September 12, 3,100 shares of Aspen Company are acquired at a
price of $40.00 per share plus a $155 brokerage commission. On
October 15, a $1.20-per-share dividend was received on the Aspen
Company stock. On November 10, 1,240.00 shares of the Aspen Company
stock were sold for $34 per share less a $62 brokerage
commission.
When required, round final answers to the nearest dollar. For a
compound transaction, if an amount box does not require an entry,
leave it...
Stack Investment Transactions On September 12. 3,300 shares of Aspen Company are acquired at a price of $62.00 per s...
Stack Investment Transactions On September 12. 3,300 shares of Aspen Company are acquired at a price of $62.00 per share plus a $165 brokerage Commission on October 15, 251.00 per share dividend was received on the Apen Company stock. On November 10, 1,320.00 shares of the Aspen Company stock were sold for 355 per share wiss a $66 brokerage commission When required, round final answers to the nearest dollar. For a compound transaction fan amount box does not requruan ertry,...
eBook Show Me How Calculator Print Item Stock Investment Transactions On September 12, 3,600 shares of...
eBook Show Me How Calculator Print Item Stock Investment Transactions On September 12, 3,600 shares of Aspen Company are acquired at a price of $61.00 per share plus a $180 brokerage commission on October 15, a 31.10-pershare dividend was received on the Aspen Company stock. On November 10, 1,440.00 shares of the Aspen Company stock were sold for 356 per share less a $72 brokerage commission. When required, round final answers to the nearest dollar. For a compound transaction, if...
LOU assignments&takeAssignmentSessionl.ocator assignment-take8inprogre eBook Show Me How Calculator Stock Investment Transactions On September 12, 4,000 shares...
LOU assignments&takeAssignmentSessionl.ocator assignment-take8inprogre eBook Show Me How Calculator Stock Investment Transactions On September 12, 4,000 shares of Aspen Company were acquired at a price of $50 per share plus a $400 brokerage commission. On October 15, a $0.60-per-share dividend was received an the Aspen stock. On November 10, 3,000 shares of the Aspen stock were sold for $40 per share less a $200 brokerage commission. In your computations, round per share amounts to two decimal places. When required, round final...
Journal Chart of Accounts Instructions Instructions On September 12, 15,000 shares of Aspen Company are acquired...
Journal Chart of Accounts Instructions Instructions On September 12, 15,000 shares of Aspen Company are acquired at a price of $25 per share plus a $145 brokerage commission. On October 15, a $0.30-per-share dividend was received on the Aspen stock. On November 10, 6,200 shares of the Aspen stock were sold for $34 per share less a $130 brokerage commission. Journalize the entries to record the original purchase, the dividend, and the sale under the cost method. Refer to the...
#1 #2 Show Me How Calculator Pertem Stock Investment Transactions On September 12, 2.400 shares of...
#1
#2
Show Me How Calculator Pertem Stock Investment Transactions On September 12, 2.400 shares of Aspen Company are sured at a price of $57.00 per share plus a $120 brokerage commission on October 15, a $1.00-per-share dividend was received on the Aspen Company stock. On November 10, 960.00 shares of the Aspen Company stock were sold for 150 per share less a $45 brokerage Commission When required round final answers to the nearest dollar. For compound transaction fan amount...
the answers in blue are wrong. Entries for Stock Investments, Dividends, and Sale of Stock Seamus...
the answers in blue are wrong.
Entries for Stock Investments, Dividends, and Sale of Stock Seamus Industries Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year: Feb. 24 Acquired 2,000 shares of Tett Co. stock for $80 per share plus a $200 brokerage commission May 16 Acquired 2,000 shares of Issacson Co. stock for $40 per share plus a $100 commission July 14 Sold 500 shares of Tett...
is what i have so far correct? how do i do the last journal entry? Equity...
is what i have so far correct?
how do i do the last journal entry?
Equity investments: Less than 20% ownership On September 12, 3,000 shares of Denver Company's common stock are acquired at a price of $40 per share plus a $300 brokerage commission. On October 15, an $0.80-per-share dividend was received on the Denver Company stock. On November 10, 1,600 shares of the Denver Company stock were sold for $36 per share less a $150 brokerage commission. At...
Stock Investment Transactions On September 12, 3,500 shares of Aspen Company are acquired at a price of $58.00 per share plus a $175 brokerage commission. On October 15, a $1.20-per-share dividend was received on the Aspen Company stock. On November 10, 1,400.00 shares of the Aspen Company stock were sold for $53 per share less a $70 brokerage commission. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an...
On September 12, 3,100 shares of Aspen Company are acquired at a
price of $40.00 per share plus a $155 brokerage commission. On
October 15, a $1.20-per-share dividend was received on the Aspen
Company stock. On November 10, 1,240.00 shares of the Aspen Company
stock were sold for $34 per share less a $62 brokerage
commission.
When required, round final answers to the nearest dollar. For a
compound transaction, if an amount box does not require an entry,
leave it...
Stack Investment Transactions On September 12. 3,300 shares of Aspen Company are acquired at a price of $62.00 per share plus a $165 brokerage Commission on October 15, 251.00 per share dividend was received on the Apen Company stock. On November 10, 1,320.00 shares of the Aspen Company stock were sold for 355 per share wiss a $66 brokerage commission When required, round final answers to the nearest dollar. For a compound transaction fan amount box does not requruan ertry,...
eBook Show Me How Calculator Print Item Stock Investment Transactions On September 12, 3,600 shares of Aspen Company are acquired at a price of $61.00 per share plus a $180 brokerage commission on October 15, a 31.10-pershare dividend was received on the Aspen Company stock. On November 10, 1,440.00 shares of the Aspen Company stock were sold for 356 per share less a $72 brokerage commission. When required, round final answers to the nearest dollar. For a compound transaction, if...
LOU assignments&takeAssignmentSessionl.ocator assignment-take8inprogre eBook Show Me How Calculator Stock Investment Transactions On September 12, 4,000 shares of Aspen Company were acquired at a price of $50 per share plus a $400 brokerage commission. On October 15, a $0.60-per-share dividend was received an the Aspen stock. On November 10, 3,000 shares of the Aspen stock were sold for $40 per share less a $200 brokerage commission. In your computations, round per share amounts to two decimal places. When required, round final...
Journal Chart of Accounts Instructions Instructions On September 12, 15,000 shares of Aspen Company are acquired at a price of $25 per share plus a $145 brokerage commission. On October 15, a $0.30-per-share dividend was received on the Aspen stock. On November 10, 6,200 shares of the Aspen stock were sold for $34 per share less a $130 brokerage commission. Journalize the entries to record the original purchase, the dividend, and the sale under the cost method. Refer to the...
#1
#2
Show Me How Calculator Pertem Stock Investment Transactions On September 12, 2.400 shares of Aspen Company are sured at a price of $57.00 per share plus a $120 brokerage commission on October 15, a $1.00-per-share dividend was received on the Aspen Company stock. On November 10, 960.00 shares of the Aspen Company stock were sold for 150 per share less a $45 brokerage Commission When required round final answers to the nearest dollar. For compound transaction fan amount...
the answers in blue are wrong.
Entries for Stock Investments, Dividends, and Sale of Stock Seamus Industries Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year: Feb. 24 Acquired 2,000 shares of Tett Co. stock for $80 per share plus a $200 brokerage commission May 16 Acquired 2,000 shares of Issacson Co. stock for $40 per share plus a $100 commission July 14 Sold 500 shares of Tett...
is what i have so far correct?
how do i do the last journal entry?
Equity investments: Less than 20% ownership On September 12, 3,000 shares of Denver Company's common stock are acquired at a price of $40 per share plus a $300 brokerage commission. On October 15, an $0.80-per-share dividend was received on the Denver Company stock. On November 10, 1,600 shares of the Denver Company stock were sold for $36 per share less a $150 brokerage commission. At...
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