If unrealized holding gain (loss).On TS investments were $12,590;The loss on sale of TS investments is for
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If unrealized holding gain (loss).On TS investments were $12,590;The loss on sale of TS investments is for securities originally purchased for $40,000 and sold for $85,000.
And gain (loss) on sale of TS investments is (1,250).
What would the journal entry recording investment sold look like?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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