Question: Using the data in E12-3, assume that Slick Books management purchased the Syntax stock for the trading securities portfolio instead of the securities available for

Using the data in E12-3, assume that Slick Books management purchased the Syntax stock for the trading securities portfolio instead of the securities available for sale portfolio. Prepare any journal entries that are required by the facts presented in the case.


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June 30 2011 Investments in TS A 180000 Cash A 180000 9000 shares x 20 per share Dec 31 ... View full answer

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