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Question: eaching and rom cang stock investment transactions on february 12...

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eaching and rom Cang- Stock Investment Transactions On February 12, 3,200 shares of Colins Company are acquired at a price of $34 per share plusa $160 brokerage commission On April 22, so.9 per-share dividend was recelved on the Collins Company stock. On May 10, 1,280 shares of the Collins Company stock were sold for $28 per shane less a $4 brokerage commission In your computations, round per share amounts to two decimal places. 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 jounal entries for the original purchase, the dividend, and the sale under the cost method Re. 12, Purchase Investments: Colins Company stocky -mee] x Cash pr 22-Dividend Cash Dividend Revenu May 10-SaleCash on Sale of Investments Investments-Collins Company Stock Ned All work saved 0 dele
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