Question

Yerbury Corp manufactures on i t r by wyci e rto the Chart Account Joumalize the one to record the own e ties When required round your answers to the newest Feb 2 Puchoch w est W ines for 20 pershapus & $110 brokerage Mar June July n Pedid per are on Wongines 7 Purchased 2.000 shares of Wong the took for 2 pers o 6.000 shares of Wong in corso per le a 5100 broke we nemen are the site old 25 B eddends of 50 dB per are wong in sock n Yetu Best

Answer 1

Date	Account and explanation	Debit	Credit
Feb 2	Investments- Wong Inc.Stock (5300*$20+110)	$106110
	Cash		$106110
	(To record purchase of shares)
Mar 6	Cash (5300*$0.30)	$1590
	Dividend revenue		$1590
	(To record dividend received)
June 7	Investments- Wong Inc.Stock (2000*$26+120)	$52120
	Cash		$52120
	(To record purchase of shares)
July 26	Cash (6000*35-100)	$209900
	Gain on sale of Investments (209900-124352)		$85548
	Investments- Wong Inc.Stock (106110+52120*700/2000)		$124352
	(To record sale of shares)
Sept 25	Cash (5300+2000-6000)*0.40	$520
	Dividend revenue		$520
	(To record dividend received)