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Business, 27.11.2019 00:31 traybrown0690

Jarvis corporation makes an investment in 100 shares of saxton company's common stock. the stock is purchased for $45 a share plus brokerage fees of $280. the entry for the purchase is

a. cash4,500 investments—saxton company stock4,500
b. investments—saxton company stock4,780 cash4,780
c. investments—saxton company stock4,500 brokerage fee expense280 cash4,780
d. investments—saxton company stock4,500 cash4,500

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