Question: Refer to the data in ED- 2. Per Share 12/ 31/ 2015..$ 24 12/ 31/ 2016 31 Required: Assume that MetroMedia management purchased the Mitek

Refer to the data in ED- 2.
Per Share
12/ 31/ 2015………..$ 24
12/ 31/ 2016………… 31
Required:
Assume that MetroMedia management purchased the Mitek stock as trading securities. Prepare the journal entries required on each date given.

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