(Answered) Question - journalize the transactions

Accounting

Question - Journalize the transactions - Nosker Inc. had the following transactions pertaining to investments in common stock.

Jan.1 Purchased 1,500 shares of Escalante Corporation common stock (6%) for $84,000 cash.

July1 Received a cash dividend of $2 per share.

Dec.1 Sold 300 shares of Escalante Corporation common stock for $19,200 cash.

Dec. 31 Received a cash dividend of $2 per share.

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