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4 Ethtridge Tres, Inc: acquired 44,000 shaves of Alaska Corporation stock at a price of $37 per shave during 2020 . This investment does not
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Ethtridge Tres, Inc: acquired 44,000 shaves of Alaska Corporation stock at a price of $37 per shave during 2020 . This investment does not alow Eththidge fo participate in the decision making of Alaska, and the compary therefore does not have the ablity to exert signficant influence oves the irvestee compary. The market value of the shares at December 31 . 2020 , is 542 per shere. Prepare the journal entres requied on the date of acquistion and at the end of the year Step by Step Solution
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