Using the data presented in BE16-9, assume that the investment in Ecotown's common shares is sold on

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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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Accounting Principles

ISBN: 978-1119048473

7th Canadian Edition Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 17, 2017 09:11 AM

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Using the data presented in BE16-9, assume that the investment in Ecotown's common shares is sold on

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