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A Company should report its portfolio of trading securities at its fair value Mariam Company owns 44 000 shares of Mackenzie companys 110.000 outstanding shares
A Company should report its portfolio of trading securities at its fair value Mariam Company owns 44 000 shares of Mackenzie companys 110.000 outstanding shares of common stock Mackenzie Company $110.000 in total cash dividends to its shareholders. Marjam's entry to record this transaction should include Multiple Choice Credit to Long-Term Investments for $34.500. Debit to Interest Revenue for $13,800. O Debit to Dividend Revenue for $13,800. Credit to Long-Term investments for SA4000
A Company should report its portfolio of trading securities at its fair value
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