The following transactions were made by Aquavore Company. Assume all investments are temporary.
July$\quad $ 1 $\quad $Purchased 400 shares of Delta Corporation common stock for $35 per share.
$\quad $ $\quad $30$\quad $ Received a cash dividend of $1.25 per share from the Delta Corporation.
Sept. $\quad $15$\quad $ Sold 80 shares of Delta Corporation stock for $38 per share.
Instructions
Journalize the transactions.

Question

The following transactions were made by Aquavore Company. Assume all investments are temporary.
July$\quad $ 1 $\quad $Purchased 400 shares of Delta Corporation common stock for $35 per share.
 $\quad $ $\quad $30$\quad $ Received a cash dividend of $1.25 per share from the Delta Corporation.
Sept. $\quad $15$\quad $ Sold 80 shares of Delta Corporation stock for $38 per share.
Instructions
Journalize the transactions.

Quizplus · Accepted Answer

The Answer of The following transactions were made by Aquavore Company. Assume all investments are temporary.
July$\quad $ 1 $\quad $Purchased 400 shares of Delta Corporation common stock for $35 per share.
 $\quad $ $\quad $30$\quad $ Received a cash dividend of $1.25 per share from the Delta Corporation.
Sept. $\quad $15$\quad $ Sold 80 shares of Delta Corporation stock for $38 per share.
Instructions
Journalize the transactions.

The Following Transactions Were Made by Aquavore Company \quad 1 \quad

The Following Transactions Were Made by Aquavore Company $\quad$ 1 $\quad$