Journalize the entries to record the following selected bond investment transactions for Southwest Bank:
Apr. Purchased $ of Daytona Beach bonds at plus accrued interest of $
July Received the first semiannual interest.
Sept. Sold $ of the bonds at plus accrued interest of $
If an amount box does not require an entry, leave it blank.
Journalize the entries to record the following selected equity investment transactions completed by Perry Company during the current year. Perry accounts for this investment using the cost method.
tableFebtablePurchased for cash shares of Dexter Co stock for $ per share plus a $ brokerage commission.This represents a less than ownership interest in the company.AprReceived dividends of $ per share on Dexter Co stock.June Sold shares of Dexter Co stock for $ per share less a $ brokerage commission.AugPurchased shares of Dexter Co stock for $ per share plus a $ brokerage commission.NovReceived dividends of $ per share on Dexter Co stock.
If an amount box does not require an entry, leave it blank.
Feb.
Apr.
June
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Nov.
