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On August 1. Shamrock Finance Inc. buys 3.200 Datawave common shares for trading purposes for $121.600 cash On October 15. Shamrock receives a cash dividend of $2.85 per share from Datawave. On December 1. Shamrock sells the shares for $131.200 cash. Prepare the journal entry to record the purchase of the shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Aug. 1 (To record purchase of investment) e Textbook and Media Prepare the journal entry to record the receipt of the dividend, Credit account titles are automatically indented when the amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter for the amounts Debit Credit Date Account Titles and Explanation Oct. 15 (Collection of dividend.) e Textbook and Media Prepare the journal entry to record the sale of the shares (Credit account titles are automatically indented when the amount is entered. Do not indent manually line entry is required, select "No Entry for the account titles and enter for the amount Debit Credit Ude. Do not indent manually OULUULILULES UNO enter Ufor the amounts.) Date Account Titles and Explanation Debit Oct. 15 Credit (Collection of dividend.) eTextbook and Media Prepare the journal entry to record the sale of the shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit Date Account Titles and Explanation Dec. 1 (To record sale of investment.) e Textbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Camden A AA - 4 1/26/201

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