Question: Did i do this right ? Exercise 162 on February 1 Brutus Company purchased 1,000 shares 2% o nership of wyn e com e any

Did i do this right ? Did i do this right ? Exercise 162 on February 1

Exercise 162 on February 1 Brutus Company purchased 1,000 shares 2% o nership of wyn e com e any common stock for SZS per share on ,aren 20 $4,700. Brutus received a dividend of $1.20 per share on April 25. On June 15, Marcus sold 300 shares of Wynne stock for $8,500. utus com any sold 200 shares or wyne a ek Prepare the journal entries to record the transactions described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Feb. 1 Stock tnvestments 25000 25000 Mar. 20 (cash 4700 Loss on Splhe of Stoek tevestments Stock Investments Apr. 25 Cash 960 June 15 (Cash 500 Stock Investrments 500

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