(Learning Objective 1: Accounting for an available-for-sale investment; recording unrealized gain or loss) Ship Your Way completed...
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(Learning Objective 1: Accounting for an available-for-sale investment; recording unrealized gain or loss) Ship Your Way completed these long-term available-for-sale investment transactions during 20X6:
1. Journalize Ship Your Way’s investment transactions. Explanations are not required.
2. Show how to report the investment and any unrealized gain or loss on Ship Your Way’s balance sheet at December 31, 20X6. Ignore income tax.
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Related Book For 
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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