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Brown Package Corporation generated excess cash and invested in securibes as follows: (1. (Click the icon to view the transactions.) Read the requirements. Requirements More

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Brown Package Corporation generated excess cash and invested in securibes as follows: (1. (Click the icon to view the transactions.) Read the requirements. Requirements More info 1. Classify each of the investments made during 2018. (Assume the equity investments represent less than 20% of ownership of outstanding voting stock.) 2. Journalize the 2018 transactions. Explanations are not required, 3. Prepare T-accounts for the investment assets, and show how to report the investments on Brown Package's balance sheet at December 31, 2018. 4. Where is the unrealized holding gain or loss associated with the trading debt investment reported? Aua. 21: Received a cash dividend of $0.90 per share on the Net stock itvesmort Sep. 16: Sold the Net stock for $13.70 per share. More info

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