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At Dember 31, 2019, the portfolio securities of ABC Co. as following Cost Fair Value Security 215000 200000 (Bonds) Y Security 133000 133000 (shares) Z
At Dember 31, 2019, the portfolio securities of ABC Co. as following Cost Fair Value Security 215000 200000 (Bonds) Y Security 133000 133000 (shares) Z On Feb.2, 2020. All Shares of Co. Y was sold at RO 213800. The credit side of this transaction is: Select one: a. Investment and interest Revenue b. Cash and loss for sales C. Investment and gains for sale. d. Investment e. Cash and interest Revenue
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Financial Accounting The Impact On Decision Makers
Authors: Gary A. Porter
8th Edition
1285880447, 978-1285880440
