Question

2. The following data pertain to the marketable securities of Patterson Company for the year 2013.
a) Jan. 2, purchased 250 shares of Lucy Company at $18 per share.
b) Feb. 1, Lucy Company declared dividend of 75 cents per share.
c) March. 1, purchased $10,000 face value (1,000 bonds) 12% bonds of Linda Company paying totally $9,900.
Interest is payable December 1 and June 1. The bonds mature December 1, 2013. (issue date Dec.1, 2012)
d) May 3, sold 150 shares of Lucy Company and collected totally $2,550.
e) June 1, received interest on Linda Company bonds.
f) Sept. 1, sold 600 bonds of Linda Company collecting totally $6,090.
g) Dec. 31, make all necessary entries.

Answer 1

Answer:

sorry i dont know the answer

Answer 2

Answer:

This question is very hard on can't give answer this is not possible for me sorry