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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 1,600 shares of Escalante Corporation common stock (6%) for $89,600 cash. July 1 Received a cash dividend of $2 per share. Dec. 1 Sold 320 shares of Escalante Corporation common stock for $20,480 cash. Dec. 31 Received a cash dividend of $2 per share.

Journalize the transactions

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