Hi I need help with some accounting homework. I do not want the answers, I need to know how to...

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Hi I need help with some accounting homework. I do not want the answers, I need to know how to get the answers. Thanks.

 

 

Carlsville Company, which began operations in 2013, invests its idle cash in trading securities. The following transactions are from its short-term investments in its trading securities.

      

2013 
Jan.20 Purchased 800 shares of Ford Motor Co. at $26 per share plus a $125 commission.
Feb.9 Purchased 2,200 shares of Lucent at $44.25 per share plus a $578 commission.
Oct.12 Purchased 750 shares of Z-Seven at $7.50 per share plus a $200 commission.

    

2014 
Apr.15 Sold 800 shares of Ford Motor Co. at $29 per share less a $285 commission.
July5 Sold 750 shares of Z-Seven at $10.25 per share less a $102.50 commission.
July22 Purchased 1,600 shares of Hunt Corp. at $30 per share plus a $444 commission.
Aug.19 Purchased 1,800 shares of Donna Karan at $18.25 per share plus a $290 commission.

      

2015 
Feb.27 Purchased 3,400 shares of HCA at $34 per share plus a $420 commission.
Mar.3 Sold 1,600 shares of Hunt at $25 per share less a $250 commission.
June21 Sold 2,200 shares of Lucent at $42 per share less a $420 commission.
June30 Purchased 1,200 shares of Black & Decker at $47.50 per share plus a $595 commission.
Nov.1 Required:
1.

Prepare journal entries to record these short-term investment activities for the years shown. (Ignore any year-end adjusting entries.)

Sold 1,800 shares of Donna Karan at $18.25 per share less a $309 commission.

 

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