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Business, 09.12.2019 22:31 joyelewis58

On august 4, 2015, jeffrey corporation purchased 4,400 shares of kevin company for $259,600. the following information applies to the stock price of kevin company: price12/31/2015 $ 58 12/31/2016 63 12/31/2017 67 kevin company declares and pays cash dividends of $3.50 per share on june 1 of each year. prepare journal entries to record the facts in the case, assuming that jeffrey purchased the shares for the trading securities portfolio.

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On august 4, 2015, jeffrey corporation purchased 4,400 shares of kevin company for $259,600. the fol...
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