Question: Using the data presented in BE16-9, assume that the investment in Ecotown's common shares is sold on January 15, 2018, for $690,000. Prepare the journal
Using the data presented in BE16-9, assume that the investment in Ecotown's common shares is sold on January 15, 2018, for $690,000. Prepare the journal entry to record the sale of the investment.
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