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a. Zero b. P250,000 c. P450,000 d. P350,000 During 2019, the first year of operation, Maly Corporation made various investments in trading securities. On December
a. Zero
b. P250,000
c. P450,000
d. P350,000
During 2019, the first year of operation, Maly Corporation made various investments in trading securities. On December 31, 2019, the investments had the following cost and market value: Cost Market Value 12/31/2019 XYZ P 1,300,000 P 1,250,000 MNO 800,000 900,000 FGH 1,000,000 700,000 How much should be included as unrealized loss on the income statement for the year 2019Step by Step Solution
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