Question: QUESTION 1 REQUIRED 1: 1. During 2018, Richardson experienced the following transactions relating to its investment in stock: 2/1 Richardson purchased 600 shares of Delmonte

QUESTION 1 REQUIRED 1: 1. During 2018, Richardson experienced the following transactions relating to its investment in stock: 2/1 Richardson purchased 600 shares of Delmonte common share for $24,000 6/1 Delmonte paid cash dividends, $.50/share 10/30 Richardson sold 20% of the Delmonte shares for $4,200 in total. Ignore broker's charge. 9/30 Delmonte paid cash dividends, $. 70/share. >>>Present the journal entries on the books of Richardson related to the investment in Delmonte

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