Question: 2. Using the information on problem 2, prepare journal entries for the year 2023 assuming the investment is considered Trading securities. Also, indicate how

2. Using the information on problem 2, prepare journal entries for the

2. Using the information on problem 2, prepare journal entries for the year 2023 assuming the investment is considered Trading securities. Also, indicate how ABC should report its investment in its year-end financial statements.

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