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Riverbed, Inc, had the following equity investment portfolio at January 1, 2025. During 2025,
the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share
dividend. 2. Gn April 30, Riverbed, Inc, sold 280 shares of Chance Company for $10 per share.
3. On May 15, Riverbed, Inc. purchased 110 more shares of Evers Company stock at $15 per
share. 4. At December 31,2025 , the stocks had the following price per share values: Evers $16,
Rogers $18, and Chance $8.
During 2026 , the following transactions took place. 5. On February 1, Riverbed, Inc. sold the
remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a $2 per share
dividend. 7. On December 21, Evers Company declared a cash dividend of $3 per share to be
paid in the next month. 8. At December 31,2026 , the stocks had the following price per share
values: Evers $18 and Rogers $20. (a) Prepare journal entries for each of the above transactions.
(List all debit entries before credit entries. Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required, select "No Entry" fo the
account titles and enter 0 for the amounts.)
eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer
Riverbed, Inc. had the following equity investment portfolio at January 1, 2025. During 2025,
the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share
dividend. 2. On April 30, Riverbed, Inc. sold 280 shares of Chance Company for $10 per share.
3. On May 15, Riverbed, Inc. purchased 110 more shares of Evers Company stock at $15 per
share. 4. At December 31, 2025, the stocks had the following price per share values: Evers $16,
Rogers $18, and Chance 58 .

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Riverbed, Inc, had the following equity investment portfolio at Janua.pdf

  • 1. Riverbed, Inc, had the following equity investment portfolio at January 1, 2025. During 2025, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. Gn April 30, Riverbed, Inc, sold 280 shares of Chance Company for $10 per share. 3. On May 15, Riverbed, Inc. purchased 110 more shares of Evers Company stock at $15 per share. 4. At December 31,2025 , the stocks had the following price per share values: Evers $16, Rogers $18, and Chance $8. During 2026 , the following transactions took place. 5. On February 1, Riverbed, Inc. sold the remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a $2 per share dividend. 7. On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month. 8. At December 31,2026 , the stocks had the following price per share values: Evers $18 and Rogers $20. (a) Prepare journal entries for each of the above transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" fo the account titles and enter 0 for the amounts.) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer Riverbed, Inc. had the following equity investment portfolio at January 1, 2025. During 2025, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. On April 30, Riverbed, Inc. sold 280 shares of Chance Company for $10 per share. 3. On May 15, Riverbed, Inc. purchased 110 more shares of Evers Company stock at $15 per share. 4. At December 31, 2025, the stocks had the following price per share values: Evers $16, Rogers $18, and Chance 58 .