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Concord Company had these transactions pertaining to stock investments: Feb. 1 Purchased 3100 shares of Teal Mountain Company (10%) for $79050 cash. June 1 Received cash dividends of $3 per share on Teal Mountain stock. Oct. 1 Sold 2480 shares of Teal Mountain stock for $67560 less brokerage fees of $600. The entry to record the sale of the stock would include a
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Concord Company had these transactions pertaining to stock investments: Feb. 1 Purchased 3100 shares...
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