E13-6 On February 1, Neil Company purchased 500 shares (2% ownership) of Young

Price: $1.99


On February 1, Neil Company purchased 500 shares (2% ownership) of Young
Company common stock for $30 per share plus brokerage fees of $400. On March 20, Neil Company sold 100 shares of Young stock for $2,900, less a $50 brokerage fee. Neil received a dividend of $1.00 per share on April 25. On June 15, Neil sold 200 shares of Young stock for $7,400, less a $90 brokerage fee. On July 28, Neil received a dividend of $1.25 per share.

Instructions
Prepare the journal entries to record the transactions described above.