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1 of 6 View Policies Current Attempt in Progress -15 1 On August 1, Sunland Holdings buys 1.000 ordinary shares of Merlyne for 640,000 cash.
1 of 6 View Policies Current Attempt in Progress -15 1 On August 1, Sunland Holdings buys 1.000 ordinary shares of Merlyne for 640,000 cash. On December 1. Sunland sells the share investments for 644.300 in cash Journalize the purchase and sale of the ordinary shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No entry for the account titles and enter O for the amounts) Date Account Titles and Explanation Debit Credit Save for Later Attempts: unlimited Submit
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