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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Archway Tech Corp. manufactures surveying equipment. Journalize the entries to record the following selected equity investment transactions completed by Archway during 2012:
Feb. 2. Purchased for cash 800 shares of Parr Inc. stock for $28 per share plus a $120 brokerage commission.
Apr. 16. Received dividends of $0.12 per share on Parr Inc. stock.
June 17. Purchased 600 shares of Parr Inc. stock for $33 per share plus a $150 brokerage commission.
Aug. 19. Sold 1,000 shares of Parr Inc. stock for $41 per share less a $200 brokerage commission. Archway assumes that the first investments purchased are the first investments sold.
Nov. 14. Received dividends of $0.15 per share on Parr Inc. stock.
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