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help please mode : This shows who is completion. Return to que ose Moody's bond rating agency downgraded the risk rating of the bonds motivating
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mode : This shows who is completion. Return to que ose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell ment on January 2, 2022, for $190 million. Prepare the journal entries necessary to record the sale, includin g the falr-value adjustment, recording any reclassification adjustment, and recording the sale. * Answer is not complete. olete this question by entering your answers in the tabs below. and 2 Reg 3 Reg 4 e Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the inves wary 2, 2022, for $190 million. Prepare the journal entries necessary to record the sale, including updating the djustment, recording any reclassification adjustment, and recording the sale. (If no entry is required for a tion/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded place, (i.e., 5,500,000 should be entered as 5.5).) Show Credit Date General Journal Manuary 02, 2022 Cash Discount oond investment Loss on investment (NI) Investment in bonds Debit 190.0 X 39.4 X 10.6 X 240.0 X Step by Step Solution
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