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2) X Company purchased 1000 shares of Company B with a nominal value of 7 TL per share in cash on 05.10.2017. 400 shares are
2) X Company purchased 1000 shares of Company B with a nominal value of 7 TL per share in cash on 05.10.2017. 400 shares are sold for 6 TL each on 26.11.2017. At the end of the accounting period, market value of Company B shares is 5.8 TL. a. Record the necessary journal entry on 05.10.2017 b. Record the necessary journal entry on 26.11.2017. c. Record the necessary journal entry on 01.12.2017
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