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Eugene Corporation invested $30,000 in marketable securities at $30 per share. The following year it sold 300 shares at $33 per share. The journal

Eugene Corporation invested $30,000 in marketable securities at $30 per share. The following year it sold 300 shares at $33 per share. The journal entry to record the sale is: Multiple Choice dr. Cash cr. Marketable Securities $9,900 $9,000 cr. Unrealized Holding Gain on Marketable Securities $900 dr. Cash dr. Loss on sale of Marketable Securities cr. Marketable Securities dr. Cash cr. Marketable Securities $9,900 $9,000 $900 $9,900 $9,000 cr. Gain on sale of Marketable Securities $900 dr. Cash $9,900

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