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Question: stock investment transactions on february 12 3200 shares of collins...

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Stock Investment Transactions On February 12, 3,200 shares of Collins per-share dividend was received on the Collins Company stock. On May 10, 1,280 shares of the Collins Company stock were sold for $28 per share less a $64 brokerage commission. Company are acquired at a price of $34 per share plus a $160 brokerage commission. On April 22, a so.s- In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dolar. 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. Feb. 12 Purchase Apr. 22 . Dividend May 10 - Sale Previous Next
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