Dossett company had the following transactions pertaining, Ask an Expert

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Dossett Company had the following transactions pertaining to stock investments.

Feb. 1 Purchased 800 shares of Hippo common stock (2%) for $8,000 cash, plus brokerage fees of $200.

July 1 Received cash dividends of $1 per share on Hippo common stock.

Sept. 1 Sold 300 shares of Hippo common stock for $4,400, less brokerage fees of $100.

Instructions: Journalize the transactions.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91970388

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