Question: please show work full work 4. 20 points Prepare the journal entries for the following transactions for Morgan Co. July 1 Morgan Co. purchased 32,000

please show work full work

4. 20 points Prepare the journal entries for the following transactions for Morgan Co. July 1 Morgan Co. purchased 32,000 shares of the total of 100,000 outstanding shares of Gordon Corp. stock f $10 per share plus a $400 commission. Dec. 31 Gordon Corp.'s total earnings for the period are $80,000. Gordon Corp. paid a total of $45,000 in cash dividends. 31 Credit Debit Date

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