2. The following data pertain to the marketable securities of Patterson Company for the year...
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2. The following data pertain to the marketable securities of Patterson Company for the year 2013. a) Jan. 2, purchased 250 shares of Lucy Company at $18 per share. b) Feb. 1, Lucy Company declared dividend of 75 cents per share. c) March. 1, purchased $10,000 face value (1,000 bonds) 12% bonds of Linda Company paying totally $9,900. Interest is payable December 1 and June 1. The bonds mature December 1, 2013. (issue date Dec.1, 2012) d) May 3, sold 150 shares of Lucy Company and collected totally $2,550. e) June 1, received interest on Linda Company bonds. f) Sept. 1, sold 600 bonds of Linda Company collecting totally $6,090. g) Dec. 31, make all necessary entries. 2
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