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 Prepare journal entries to record the following transactions involving the short-term stock investments of Duke Co., all of which occurred during the current year. a. On March 22, purchased 820 shares of RPI Company stock at $25 per share. Duke's stock Investment results in it having an insignificant influence over RPI. b. On July 1, received a $2 per share cash dividend on the RPI stock purchased in part a. c. On October 8, sold 410 shares of RPI stock for $35 per share. View transaction list Journal entry worksheet On March 22, purchased 820 shares of RPI Company stock at $25 per share. Duke's stock investment results in it having an insignificant influence over RPI Note: Enter debits before credits Transaction General Journal Debit Credit View general journal Record entry Clear entry

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