Journal entries for warranty repairs.
1.(2/10/2009) Paid $12,350 for warranty repairs originally accrued in 2008.
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2.(2/12/2009) Invested $53,200 cash in the common stock of Bullinger Company (a 4% interest). Goochland hopes to sell the stock in the near future at a gain.
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3.(3/9/2009) Received the quarterly dividend of $1,450 from the investment in Bullinger Company referenced in Transaction 2 above.
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4. (2/16/2009) Paid $14,200 for Miscellaneous Business Expenses.
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