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Crane Corporation makes a short-term investment in 100 shares of Blossom Company's common stock. The stock is purchased for $50 a share. The entry for

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Crane Corporation makes a short-term investment in 100 shares of Blossom Company's common stock. The stock is purchased for $50 a share. The entry for the purchase is Stock Investments 4700 Cash Debt Investments 5000 Cash Stock Investments 5000 Cash Stock Investments 4507 Cash 4700 5000 5000 4507

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