Question: Using the following categories, indicate the effects of the transactions listed in M12-3 assuming the securities are trading securities. Use + for increase and for

Using the following categories, indicate the effects of the transactions listed in M12-3 assuming the securities are trading securities. Use + for increase and ˆ’ for decrease and indicate theamounts.

Balance Sheet Income Statement Stockholders' Revenues/ Expenses/ Equity Net Income Transaction Assets Liabilities Gains Losses

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