ctions for ocks. H.A E16-6 On February 1, Rinehart Company purchased 500 shares (2% ownership)...

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ctions for ocks. H.A E16-6 On February 1, Rinehart Company purchased 500 shares (2% ownership) of Given shares of Givens stock for $2,900. Rinehart received a dividend of $1.00 per share on April 25, Company common stock for $32 per share. On March 20, Rinehart Company sold 100 On June 15, Rinehart sold 200 shares of Givens stock for $7,600. On July 28, Rinehart received a dividend of $1.25 per share. Instructions Prepare the journal entries to record the transactions described above. e

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