Journalize Consumer Evaluation Ltd.s investment transactions. Explanations are not required. 2019 Dec. 6 Purchased 1,000 shares of
Question:
Journalize Consumer Evaluation Ltd.’s investment transactions. Explanations are not required.
2019
Dec. 6 Purchased 1,000 shares of Georgian Reports Inc. at a price of $41.00 per share, intending to sell the investment within three months. Brokerage commission fees were $350.
23 Received a cash dividend of $1.10 per share on the Georgian Reports Inc. shares.
31 Adjusted the investment to its fair value of $45.00 per share.
2020
Jan. 27 Sold the Georgian Reports Inc. shares for $46.00 per share, less brokerage commission fees of $370.
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Related Book For
Horngrens Accounting
ISBN: 9780135359785
11th Canadian Edition Volume 2
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann Johnston, Peter R. Norwood
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