The following equity investment transactions were completed by Romero Company during a recent year:
|Apr. 10.||Purchased 3,200 shares of Dixon Company for a price of $57.75 per share plus a brokerage commission of $800.|
|July 8.||Received a quarterly dividend of $0.35 per share on the Dixon Company investment.|
Journalize the entries for these transactions. If required, round the final answers to the nearest dollar.
For a compound transaction, if an amount box does not require an entry, leave it blank.
|Apr. 10 – Purchase|
|July 8 – Dividend|
|Sept. 10 – Sale|
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