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3.334 pts Question 19 On September 1, 3,000 shares of Monroe Company are acquired at...

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3.334 pts Question 19 On September 1, 3,000 shares of Monroe Company are acquired at a price of $24 per shares plus a $80 brokerage fee. This was less than 20% ownership in the stock of Monroe Company. On October 14, a $0.60 dividend was received on the Monroe entry for this transaction, what account would be debited and for what amount for the acquisition of the 3,000 shares of Monroe Stock? DESCRIPTION PREF DEBIT CREDIT DATE Sept. 1 Cash-$72,000 Cash $72.080 Investments-Monroe Company Stock $72.000 O Investments-Monroe Company Stock $72.080 Question 20 ere to search 2/ DOLL

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