Prepare the april 18 and may 30 journal entries to record


On April 18, Dice CO. made a short-term investment in 500 common shares of XLT Co. The purchases price is $45 per share and the broker's fee is $150. The intent is to actively manage these shares for profit. On May 30, Dice Co, receives $1 per share from XLT in dividends. Prepare the April 18 and May 30 journal entries to record these transactions.

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Accounting Basics: Prepare the april 18 and may 30 journal entries to record
Reference No:- TGS059045

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