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Current Attempt in Progress On August 1, Blossom Company buys 1,000 shares of BCN common stock for $36,200 cash. On December 1, the stock
Current Attempt in Progress On August 1, Blossom Company buys 1,000 shares of BCN common stock for $36,200 cash. On December 1, the stock investments are sold for $38,200 in cash. Journalize the purchase and sale of the common stock. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date: Account Titles and Explanation Debit Credit
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