Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 307 Weeks Ago, 2 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 27 Feb 2018 My Price 4.00

Wyrick Inc

Wyrick Inc. had the following transactions pertaining to investments in common stock.
Jan. 1 Purchased 2,500 shares of Murphy Corporation common stock (5%) for $140,000 cash plus $2,100 broker’s commission.
July 1 Received a cash dividend of $3 per share.
Dec. 1 Sold 500 shares of Murphy Corporation common stock for $32,000 cash, less $800 broker’s commission.
Dec. 31 Received a cash dividend of $3 per share.
Instructions
Journalize the transactions.

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Feb 2018 10:02 PM My Price 4.00

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