Journalize the following investment transactions of Vantage Inc.: 2014 Aug. 6 Purchased 900 Rhodes Corporation common shares

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Journalize the following investment transactions of Vantage Inc.:
2014 Aug. 6 Purchased 900 Rhodes Corporation common shares as a long-term investment, paying $90.00 per share. Vantage Inc. exerts no significant influence on Rhodes Corporation. Commissions on the purchase were $900.
Sept. 12 Received cash dividends of $1.60 per share on the Rhodes Corporation investment.
Nov. 23 Received 90 Rhodes Corporation common shares in a 10-percent stock dividend.
Dec. 4 Unexpectedly sold all the Rhodes Corporation shares for $88.00 per share, less commissions on the sale of $750.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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