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Belton Company purchased available for sale securities two years ago. The company recognized $ 3 5 , 0 0 0 in unrealized holdings losses on
Belton Company purchased available for sale securities two years ago. The company recognized $ in unrealized holdings losses on the sercurities during the period held. This year the company sold the available for sale securities and reaslized a $ loss. What entry is needed prior to the sale to avoid double counting the losses in equity?
Belton Company purchased available for sale securities two years ago. The company recognized $ in unrealized holdings losses on the sercurities during the period held. This year the company sold the available for sale securities and reaslized a $ loss. What entry is needed prior to the sale to avoid double counting the losses in equity?
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Information Technology Control And Audit
Authors: Sandra Senft, Frederick Gallegos, Aleksandra Davis
4th Edition
1439893209, 978-1439893203
