Question: Instructions Journalize the transactions, for E16.6 (LO 2) On February 1, Rinehart Company purchased 500 shares (2% ownership) of Givens Com- pany common stock for

Instructions Journalize the transactions, for E16.6 (LO 2) On February 1, Rinehart Company purchased 500 shares (2% ownership) of Givens Com- pany common stock for $32 per share. On March 20. Rinehart Company sold 100 shares of Givens stock for $2,900. Rinehart received a dividend of $1.00 per share on April 25. On June 15, Rinehart sold 200 shares of Givens stock for $7,600. On July 28, Rinehart received a dividend of $1.25 per share. Instructions Prepare the journal entries to record the transactions described above

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