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for the general entry the answer is not 15520 cuz obviously its in red so stop putting that as the answer ive asked this question
for the general entry the answer is not 15520 cuz obviously its in red so stop putting that as the answer ive asked this question so many times just for it to be the same answer its a waste of my questions
On September 30, Franz Corporation notices a decline in value of its investment in held-to-maturity bonds. On that date, the carrying value of the bonds is $38,500 and the fair value is $22,980. Franz evaluation of this investment reveals that expected credit losses are $10,000. Required: Propare the joumal entry to record the impaiment. Prepare the joumal entry to record the impairment on September 30. General Journal Instructions How does groding work Step by Step Solution
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