Hayes Company sold 10,000 shares of Kenyon Co. common stock for $27.50 per share, incurring...
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Accounting
Hayes Company sold 10,000 shares of Kenyon Co. common stock for $27.50 per share, incurring $1,770 in brokerage commissions. These securities originally cost $260,000. Prepare the entry to record the sale of these securities.
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