Stock Investment TransactionsOn September 12, 3,600 shares of Aspen Company are acquired at a price of $32.00 per share plus a $180 brokerage commission. On October 15, a $1.30-per-share dividend was received on the Aspen Company stock. On November 10, 1,440.00 shares of theAspen Company stock were sold for $25 per share less a $72 brokerage commission.When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank.Prepare the journal entries for the original purchase, the dividend, and the sale under the cost methodInvestments-Aspen Company Stock115,380Sept. 12Cash115,380Oct. 15 Cash4,680Dividend Revenue4,680 VNov. 10 CashY35,928 VLoss on Sale of Investments21,762XInvestments-Aspen Company Stock57,690 X

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Asked Apr 25, 2019
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Hi, can you help me solve this? My values are not correct but I followed the example video and did the same steps as shown. Thanks!

Stock Investment Transactions
On September 12, 3,600 shares of Aspen Company are acquired at a price of $32.00 per share plus a $180 brokerage commission. On October 15, a $1.30-per-share dividend was received on the Aspen Company stock. On November 10, 1,440.00 shares of the
Aspen Company stock were sold for $25 per share less a $72 brokerage commission.
When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank.
Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method
Investments-Aspen Company Stock
115,380
Sept. 12
Cash
115,380
Oct. 15 Cash
4,680
Dividend Revenue
4,680 V
Nov. 10 CashY
35,928 V
Loss on Sale of Investments
21,762X
Investments-Aspen Company Stock
57,690 X
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Stock Investment Transactions On September 12, 3,600 shares of Aspen Company are acquired at a price of $32.00 per share plus a $180 brokerage commission. On October 15, a $1.30-per-share dividend was received on the Aspen Company stock. On November 10, 1,440.00 shares of the Aspen Company stock were sold for $25 per share less a $72 brokerage commission. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method Investments-Aspen Company Stock 115,380 Sept. 12 Cash 115,380 Oct. 15 Cash 4,680 Dividend Revenue 4,680 V Nov. 10 CashY 35,928 V Loss on Sale of Investments 21,762X Investments-Aspen Company Stock 57,690 X

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