The Following Transactions Were Made by Weiss Inc

Essay

The following transactions were made by Weiss Inc., a public company. Assume all investments are trading investments.
Jun 2 Purchased 200 Avery Corporation common shares for $45 per share.
Jul 1 Purchased 200 Lewis Corporation bonds for $220,000.
30 Received a cash dividend of $2 per share from Avery Corporation.
Sep 15 Sold 60 shares of Avery Corporation for $50 per share.
Dec 31 Received semi-annual interest cheque for $11,000 from Lewis Corporation.
31 Received a cash dividend of $2 per share from Avery Corporation.
31 The shares of Avery Corporation are worth $60 each on this date. The Bonds are worth $237,000.
Instructions
Journalize the transactions and required adjusting journal entries at December 31, the company's fiscal year end.