Jarvis Corporation Makes an Investment in 100 Shares of Saxton

question 112

Multiple Choice

Jarvis Corporation makes an investment in 100 shares of Saxton Company's common stock. The stock is purchased for $45 a share plus brokerage fees of $280. The entry for the purchase is ?

• A) Cash 4,500
• Investments-Saxton Company Stock 4,500
• B) Investments-Saxton Company Stock 4,780
• Cash 4,780
• C) Investments-Saxton Company Stock 4,500
• Brokerage Fee Expense 280
• Cash 4,780
• D) Investments-Saxton Company Stock 4,500
• Cash 4,500

---

Definitions:

Insomnia

A sleep disorder characterized by difficulty falling asleep, staying asleep, or experiencing restful sleep.

Sleep Loss

The condition of not getting an adequate amount of sleep, which can affect mental, physical, and emotional health.

Traffic Accidents

Incidents on the road where vehicles collide with each other, objects, or pedestrians, often resulting in damages or injuries.

Violent Crime

Criminal acts that involve the use of force or threat of force against others, such as homicide, assault, and robbery.