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here is the problem Purchased equipment on January 5th for 100,000 cash. Fair market value on 12/31 = 105,000.....so what is the journal entries??????? is

here is the problem Purchased equipment on January 5th for 100,000 cash. Fair market value on 12/31 = 105,000.....so what is the journal entries??????? is it equipment 100,000 cash 100,000 unrealized gain (loss) 5,000 owner equity 5,0000 need help please

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