The Following Transactions Were Made by Waite Company

question 99

Essay

The following transactions were made by Waite Company. Assume all investments are short-term and are readily marketable.
June 2 Purchased 300 ordinary shares of Dolen Corporation for $45 per share.
July 1 Purchased 200 Oslo Corporation bonds for $220,000.
30 Received a cash dividend of $2 per share from Dolen Corporation.
Sept. 15 Sold 90 shares of Dolen Corporation for $50 per share.
Dec. 31 Received semiannual interest check for $11,000 from Oslo Corporation.
31 Received a cash dividend of $2 per share from Dolen Corporation.
Instructions
Journalize the transactions.

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Definitions:

Positive Views

The perspective or outlook that focuses on the most favorable aspects of a situation or the optimistic side of things.

Negative Views

Pessimistic perceptions or attitudes towards something or someone, often without considering positive aspects.

Self-Verification

The desire to be understood and acknowledged by others according to one's firmly held beliefs and feelings about oneself.

Induced Hypocrisy

This psychological concept involves making individuals aware of the discordance between their attitudes and behaviors to motivate them to change their behavior to align with their expressed attitudes.