Question: try this again and this is the format. Paris Company acquired on July 15, 2012, 400 shares of Rome Company S720 par valu cap stock
try this again and this is the format.



Paris Company acquired on July 15, 2012, 400 shares of Rome Company S720 par valu cap stock at $698.40 per share plus a broker's commission of $ 1,728. On August 1,2012, Paris received a cash dividend of $8.64 per share. On November 3, 2012, it sold 200pany at $756 per share less a broker's commission of $1,152. On December 1, 2012, ome issued shares comprising a 100% stock dividend declared on its capital stock on Problem 1 Company Prepare trading secu e shares (L.O of these On December 31, 2012, the end of Paris Company's calendar-year a market quotation for R considered to be temporary. ccounting period, t s common stock was $331.20 per share. The decline a. Prepare journal entries to record all of these data assuming the sec securities are considered should the accounts in the Requi accounts in temporary investments classified as trading securities. Where last entry appear in the financial statements? are held for ssume Rome Company has become a major customer so the share long-term affiliation purposes. Indicate how the investment s balance sheet. should be shown in the
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