Prepare the journal entries for the following transactions, Financial Accounting

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Prepare the journal entries for the following transactions

Prepare the journal entries for the following transactions for Morgan Co.

a. Morgan Co. purchased 32,000 shares of the total of 100,000 outstanding shares Corp. stock for $10 per share plus a $400 commission.

b. Gordon Corp.'s total earnings for the period are $80,000.

c. Gordon Corp. paid a total of $45,000 in cash dividends.

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Financial Accounting: Prepare the journal entries for the following transactions

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Financial Accounting: Prepare the journal entries for the following transactions

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