| Dr | Cr | |
| Current Asset: Investment: Cash | $10,000 | |
| Current Asset: Bank | $10,000 |
As an investor, I consider investing in this company because investors enjoy high returns since the firm has competitive products. AMD sells its shares at $19.25/$19.26, hence out of $10,000; I will purchase 519 shares from this company.
Journal entry of Citigroup Company
| Dr | Cr | |
| Current Asset: Investment: Cash | $10,000 | |
| Current Asset: Bank | $10,000 |
Citigroup has a higher net income compared to previous years thus making it a good company to invest in because it promises higher returns. Citi sells its shares at $72.40/$72.39, hence out of $10,000; I will purchase 138 shares from this company.
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Journal entry of DAL (Delta Air Line)
| Dr | Cr | |
| Current Asset: Investment: Cash | $5,000 | |
| Current Asset: Bank | $5,000 |
DAL is a company to invest in because the airline expects more customers in the future especially during the Christmas holiday. DAL sells its shares at $54.46/$54.26, hence out of $5,000; I will purchase 92 shares from this company.
