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Prepare the journal entries to record the transactions

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Question - On February 1, Windsor Company purchased 1,300 shares (2% ownership) of Wynne Company common stock for $25 per share. On March 20, Windsor Company sold 285 shares of Wynne stock for $6,555. Windsor received a dividend of $1.20 per share on April 25. On June 15, Marcus sold 390 shares of Wynne stock for $11,050. Prepare the journal entries to record the transactions described above.

Reference no: EM133128728

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