Question: Murray Corporation began investing in trading securities in 2011 At

Murray Corporation began investing in trading securities in 2011. At the end of 2011, it had the following trading portfolio:


Prepare the necessary year-end adjusting entry on December 31 and the journal entry for the sale of all the FedEx shares on the following March 23 for$95,000.
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  • CreatedSeptember 10, 2014
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