! Required information [The following information applies to the questions displayed below.] a. On March 22, purchased 740 shares of RPI Company stock at $27 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1, received a $1 per share cash dividend on the RPI stock purchased in part a. c. On October 8, sold 370 shares of RPI stock for $37 per share. Prepare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which occurred during the current year. View transaction list < Journal entry worksheet 1 2 3 On March 22, purchased 740 shares of RPI Company stock at $27 per share. Duke's stock investment results in it having an insignificant influence over RPI. Nata Entor dahite hafern erndike >

Q: advantages of financial accounting

A: Answer are as follows

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