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Nosker Inc. had the following transactions pertaining to investments in common stock. Jan. 1 Purchased...

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Accounting

Nosker Inc. had the following transactions pertaining to investments in common stock. Jan. 1 Purchased 1,900 shares of Escalante Corporation common stock (6%) for $115,520 cash. July 1 Received a cash dividend of $4 per share. Dec. 1 Sold 380 shares of Escalante Corporation common stock for $24,320 cash. Dec. 31 Received a cash dividend of $4 per share.

Journalize the Transaction.

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