Journalize Cold Publishing Ltd.'s investment transactions. Explanations are not required. 2016 Dec. 6 Purchased 1,000 shares of

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Journalize Cold Publishing Ltd.'s investment transactions. Explanations are not required.
2016
Dec. 6 Purchased 1,000 shares of Georgian Graphics Inc. at a price of $41.00 per share, intending to sell the investment within three months. Brokerage fees were $350.
23 Received a cash dividend of $1.10 per share on the Georgian Graphics Inc. shares.
31 Adjusted the investment to its fair value of $45.00 per share.
2017
Jan. 27 Sold the Georgian Graphics Inc. shares for $46.00 per share, less brokerage fees of $370.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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