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The Following Transactions Were Made by Aquavore Company \quad 1 \quad

question 176

Essay

The following transactions were made by Aquavore Company. Assume all investments are temporary.
July \quad 1 \quad Purchased 400 shares of Delta Corporation common stock for $35 per share.
\quad \quad 30 \quad Received a cash dividend of $1.25 per share from the Delta Corporation.
Sept. \quad 15 \quad Sold 80 shares of Delta Corporation stock for $38 per share.
Instructions
Journalize the transactions.


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