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88888888888888 Investment in Marketable Securities On January 3, 20x1, Matthew Corporation purchased the following equity securities as an investment. The securities are classified as trading.

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Investment in Marketable Securities On January 3, 20x1, Matthew Corporation purchased the following equity securities as an investment. The securities are classified as trading. Number of Cost of Total Company Shares Share Cost A 800 $20 $ 16,000 B 2,000 12 24,000 C 400 22 8,800 Prepare the journal entry to record the acquisition of the stock. HTML Editor unit] B IYA . A . L E E B B E X X BE - : 3 2 N X G G E D 1 1 12pt Paragraph

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