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Record the entries in journal form for the purchases

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Question - Omar Corporation, which has begun investing in trading securities, engaged in the following transactions:

1. Jan. 6 Purchased 7,000 shares of Quaker Oats stock, $30 per share.

2. Feb. 15 Purchased 9,000 shares of EG&G, $22 per share.

3. At year end on December 31, 2019, Quaker Oats was trading at $40 per share, and EG&G was trading at $18 per share.

Record the entries in journal form for the purchases.

Reference no: EM133139138

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