Your answer is incorrect. Try again. A bond with a face value of $440000 and a quoted price of 102.125 has a selling price of $528495 $448855. $440495. $449350. Question 6 Swifty Company had these transactions pertaining to stock investments: Feb. 1 Purchased 2100 shares of Pearl Company (10%) for $53550 cash. June 1 Received cash dividends of $2 per share on Pearl stock. Oct. 1 Sold 1170 shares of Pearl stock for $31590. The entry to record the purchase of the Pearl stock would include a debit to Stock Investments for $48195. debit to Investment Expense for $5355. credit to Cash for $48195. debit to Stock Investments for $53550. Sheridan Company acquires 68, 9%, 5 year, $1000 Community bonds on January 1, 2020 for $68000 The journal entry to record this investment includes a debit to Cash for $68000. Debt Investments for $74120. Debt Investments for $68000. Stock Investments for $68000. Question 9 Bonita Company had these transactions pertaining to stock investments: Feb. 1 Purchased 2180 shares of Martinez Company (10%) for $55590 cash. June 1 Received cash dividends of $3 per share on Martinez stock. Oct. 1 Sold 1250 shares of Martinez stock for $33750. The entry to record the receipt of the dividends on June 1 would include a credit to Dividend Revenue for $6540. debit to Dividend Revenue for $6540. credit to Stock Investments for $6540. debit to Stock Investments for $6540