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Gardens, Inc. invests its excess cash in nnovative Technologies c and acquires 4 300 shares for S28.00 per share. Garden, Inc. ons less than 3%
Gardens, Inc. invests its excess cash in nnovative Technologies c and acquires 4 300 shares for S28.00 per share. Garden, Inc. ons less than 3% o Innovative's voting stock and plans to hold the stock for two years. Which of the following is the correct journal entry for the transaction? A. Common Stock-Gardens 0 B. Cash OC. Cash 120,400 120,400 120,400 120,400 Cash 120,400 120,400 120,400 120,400 Equity Investments Common Stock Gardens D. Equity Investments Cash
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