Question: ULDUM Equity secundes... 1 Saved Required information Journal entry worksheet Jerome, Inc., paid $8,850 to make a debt investment in trading securities of Tedesco, Inc.

ULDUM Equity secundes... 1 Saved Required information Journal entry worksheet Jerome, Inc., paid $8,850 to make a debt investment in trading securities of Tedesco, Inc. On December 30, (within the same fiscal year), Jerome sold some of these debt securities that had a cost of $6,500 for $7,000 cash. Complete the necessary adjusting entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit Note: Enter debits before credits. Date General Journal Debit Credit Dec. 30 explanation Record entry Clear entry View general journal

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