Journalize the entries to record the following selected equity investment transactions completed by Flurry Company during the current year. Flurry's purchase represents less than 20% of the total...


Journalize the entries to record the following selected equity investment transactions completed by Flurry Company during the current year. Flurry's<br>purchase represents less than 20% of the total outstanding Braxter Co. stock.<br>Feb. 2<br>Purchased for cash 500 shares of Braxter Co. stock for $34 per share plus a $250 brokerage commission.<br>Apr. 16<br>Received dividends of $0.35 per share on Braxter Co. stock.<br>June 17<br>Sold 100 shares of Braxter Co. stock for $40 per share less a $100 brokerage commission.<br>

Extracted text: Journalize the entries to record the following selected equity investment transactions completed by Flurry Company during the current year. Flurry's purchase represents less than 20% of the total outstanding Braxter Co. stock. Feb. 2 Purchased for cash 500 shares of Braxter Co. stock for $34 per share plus a $250 brokerage commission. Apr. 16 Received dividends of $0.35 per share on Braxter Co. stock. June 17 Sold 100 shares of Braxter Co. stock for $40 per share less a $100 brokerage commission.

Jun 11, 2022
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