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Make the journal entries to record the transactions

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Question - On February 1, Teal Mountain Company purchased 980 shares (2% ownership) of Wynne Company common stock for $25 per share. On March 20, Teal Mountain Company sold 205 shares of Wynne stock for $4,715. Teal Mountain received a dividend of $1.20 per share on April 25. On June 15, Marcus sold 294 shares of Wynne stock for $8,330. Make the journal entries to record the transactions.

Reference no: EM133150710

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