Short-term Investments, Cost Method, Handout for Appendix D Name ______________________________________________________ Prepare the necessary general journal entries for the information provided below concerning the short-term investments for the Hotel Corporation. Record answers in the space provided. Jan 2 Purchased 10,000 shares of Greene Corporation’s common stock at $21 per share plus a $3,150 fee. Date Account Titles Debit Credit Jan.2 Aug 6 Greene Corporation paid a $1.10 per share dividend.
Short-term Investments, Cost Method, Handout for Appendix D Name ______________________________________________________ Prepare the necessary general journal entries for the information provided below concerning the short-term investments for the Hotel Corporation. Record answers in the space provided. Jan 2 Purchased 10,000 shares of Greene Corporation’s common stock at $21 per share plus a $3,150 fee. Date Account Titles Debit Credit Jan.2 Aug 6 Greene Corporation paid a $1.10 per share dividend. Date Account Titles Debit Credit Aug. 6 Dec 3 Sold 5,000 shares of the short term investment in Greene Corporation stock for $24 per share less a $600 fee. Date Account Titles Debit Credit Dec. 3????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
Attachments:
accountinghw…..docx