During 2015, its first year of operations, Gold North Corporation purchased the following available-for-sale investments. Brokerage fees
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During 2015, its first year of operations, Gold North Corporation purchased the following available-for-sale investments. Brokerage fees are added to the cost of the investments.
b. Record the receipt of the dividends.
c. Record the sale of 900 Tree Life Ltd. shares for $32,000 less a $200 brokerage fee.
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Related Book For
Accounting Volume 2
ISBN: 978-0176509743
2nd Canadian edition
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
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