Jenner Company had the following transactions pertaining to its short-term stock investments.
Jan. 1 Purchased 600 shares of Pork Company stock for $8420.
June 1 Received cash dividends of $0.60 per share on the Pork Company stock.
Sept. 15 Sold 300 shares of the Pork Company stock for $3400 Cash.
Instructions
Journalize the transactions.

Question

Quizplus · Accepted Answer

The Answer of Jenner Company had the following transactions pertaining to its short-term stock investments.
Jan. 1 Purchased 600 shares of Pork Company stock for $8420.
June 1 Received cash dividends of $0.60 per share on the Pork Company stock.
Sept. 15 Sold 300 shares of the Pork Company stock for $3400 Cash.
Instructions
Journalize the transactions.

Jenner Company Had the Following Transactions Pertaining to Its Short-Term