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7. Please provide the journal entry for a corporation purchasing trading securities for $32,000. Then provide journal the entry for the value of this asset

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7. Please provide the journal entry for a corporation purchasing trading securities for $32,000. Then provide journal the entry for the value of this asset rising to $37,500 in value, on the December 31st reporting date. Then provide the journal entry for selling this asset on January 9th for $37,500

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