Sanajevah Corp

question 45

Essay

Sanajevah Corp. had the following transactions related to investments held for trading:
Jan 1 Purchased 900 Punji Inc. shares for $ 9,450.
Jun 1 Received cash dividends of $ 0.50 per share on Punji shares.
Sep 15 Sold 400 Punji shares for $ 4,300.
Dec 1 Received cash dividends of $ 0.50 per share on Punji shares.
On December 31, the shares of Punji Inc. were trading for $ 10 each.
Instructions
a) Journalize the transactions.
b) Indicate the income statement and/or comprehensive income effects of the transactions.

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Definitions:

Cessation Programs

Organized efforts designed to help individuals stop engaging in a harmful behavior, such as smoking.

Nicotine Replacement

A method used to aid in quitting smoking, providing nicotine through means other than tobacco to reduce withdrawal symptoms.

Relapse

The return of a disease or the reappearance of symptoms after a period of improvement.

Behavioral Approaches

Methods in psychology focused on understanding and changing people's behaviors through techniques such as reinforcement and conditioning.