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Following is a list of investments owned by Sweet Ltd . , as of the company's year - end, December 3 1 , 2 0
Following is a list of investments owned by Sweet Ltd as of the company's yearend, December :
On January Sweet sold the shares in CTN Corporation for $ per share.
Prepare the journal entries required to record the sale, assuming the company uses the fair value through other comprehensive
income without recycling method. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no
entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
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