The following transactions were made by Allen Company. Assume all investments are short-term and are readily marketable.
June 2 Purchased 400 shares of Snoop Corporation common stock for $45 per share.
July 1 Purchased 200 Barr Corporation bonds for $228000.
30 Received a cash dividend of $1.50 per share from Snoop Corporation.
Sept. 15 Sold 120 shares of Snoop Corporation stock for $50 per share.
Dec. 31 Received semiannual interest check for $13000 from Barr Corporation.
31 Received a cash dividend of $2 per share from Snoop Corporation.
Instructions
Journalize the transactions.

Question

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The Answer of The following transactions were made by Allen Company. Assume all investments are short-term and are readily marketable.
June 2 Purchased 400 shares of Snoop Corporation common stock for $45 per share.
July 1 Purchased 200 Barr Corporation bonds for $228000.
30 Received a cash dividend of $1.50 per share from Snoop Corporation.
Sept. 15 Sold 120 shares of Snoop Corporation stock for $50 per share.
Dec. 31 Received semiannual interest check for $13000 from Barr Corporation.
31 Received a cash dividend of $2 per share from Snoop Corporation.
Instructions
Journalize the transactions.

The Following Transactions Were Made by Allen Company