Pacific Fishing Inc. s actively traded non - strategic investments as of December 3 1 , 2
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Question:
Pacific Fishing Inc.s actively traded nonstrategic investments as of December are as follows:
Cost Fair Value
Enviroclean common shares $ $
Northern Utilities common shares
Imperial Oil common shares
Farmer Solar Limited common shares
Pacific Fishing Inc. had no investments prior to
Required:
Prepare the fair value adjustment at December based on the information provided.
Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9781260881332
17th Canadian Edition
Authors: Kermit D. Larson, Heidi Dieckmann, John Harris
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