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?

Answer rating: 100% (QA)

To record the sale of TS Trading Securities investments in the journal we need to account for both t... View the full answer