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The Following Transactions and Information Pertain to Langston Corporation for 2013.Prepare

question 71

Essay

The following transactions and information pertain to Langston Corporation for 2013.Prepare entries in journal form,without explanations,to record these transactions.
$\begin{array}{lrl}\text { May } & 1 & \begin{array}{l}\text { Purchased 1,000 shares of Granger Corporation's common stock at } \$ 180 \text { per } \\\text { share (representing 5 percent of Granger's total outstanding stock) as a } \\\text { long-term investment. }\end{array} \\\text { Sept. } & 1 & \text { Received a cash dividend of } \$ 6.00 \text { per share from Granger. } \\\text { Dec. } & 31 & \text { End of Langston's accounting year. Granger's market price per share is } \$ 168 .\end{array}$
$The following transactions and information pertain to Langston Corporation for 2013.Prepare entries in journal form,without explanations,to record these transactions. \begin{array}{lrl} \text { May } & 1 & \begin{array}{l} \text { Purchased 1,000 shares of Granger Corporation's common stock at } \$ 180 \text { per } \\ \text { share (representing 5 percent of Granger's total outstanding stock) as a } \\ \text { long-term investment. } \end{array} \\ \text { Sept. } & 1 & \text { Received a cash dividend of } \$ 6.00 \text { per share from Granger. } \\ \text { Dec. } & 31 & \text { End of Langston's accounting year. Granger's market price per share is } \$ 168 . \end{array}$

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Sociology

The study of social behavior, organization, and patterns of human interaction within societal contexts.

Sociohistorical Context

The social, historical, and cultural background and environment that influences an event, period, or society.

Wilhelm Wundt

Considered the father of experimental psychology, he established the first psychology laboratory at the University of Leipzig in 1879.

Behaviour

Behaviour refers to the actions or reactions of an individual or a system in response to external or internal stimuli.