On April 1, Smith Company buys 3,000 ordinary shares of Porter for $60,900. On October 1, Smith sells 1,000 shares of Porter for $22,500.
Instructions
Prepare journal entries for the purchase and sale of the Porter ordinary shares.

Question

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The Answer of On April 1, Smith Company buys 3,000 ordinary shares of Porter for $60,900. On October 1, Smith sells 1,000 shares of Porter for $22,500.
Instructions
Prepare journal entries for the purchase and sale of the Porter ordinary shares.

On April 1, Smith Company Buys 3,000 Ordinary Shares of Porter