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help Question 41 of 46 -/1 E View Policies Current Attempt in Progress At the end of Wildhorse's fiscal year, its portfolio of FVTPL investments
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Question 41 of 46 -/1 E View Policies Current Attempt in Progress At the end of Wildhorse's fiscal year, its portfolio of FVTPL investments purchased during the year is as follows: Security Cost Market Value A Common shares $10000 $12300 B Common shares 9000 5500 $19000 $17800 At the end of the year, Wildhorse normally would O increase the investment accounts to market value. O make no entry. O report a loss on the income statement for $3500 under "Other Expenses". O report a loss on the income statement for $1200 under "Other ExpensesStep by Step Solution
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