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  3. a. on march 22, purchased 820 shares of rpi compan

A. On March 22, purchased 820 shares of RPI Company stock at $23 per share....

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Question

Accounting

A. On March 22, purchased 820 shares of RPI Company stock at $23 per share. Duke's stock investment results in it having an insignificant influence over RPI.

B. On July 1, received a $4 per share cash dividend on the RPI stock purchased in part a.

C. On October 8, sold 410 shares of RPI stock for $33 per share.

Analyze each transaction above by showing its effects on the accounting equationspecifically, identify the accounts and amounts (including + or ) for each transaction.

Assets

=

Liabilities

+

Equity

a

a

b

c

c

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