Question: If the bonds in Question 8 are classified as available-for sale and they have a fair value at December 31, 2014, of $3,604,000, prepare the
If the bonds in Question 8 are classified as available-for sale and they have a fair value at December 31, 2014, of $3,604,000, prepare the journal entry (if any) at December 31, 2014, to record this transaction.
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