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iz Instructions Question 12 2 pts Beige Corporation pays $516,000 to acquire 42% of the equity securities of Olive Technologies, Inc. on May 5, 2017.

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iz Instructions Question 12 2 pts Beige Corporation pays $516,000 to acquire 42% of the equity securities of Olive Technologies, Inc. on May 5, 2017. In the journal entry to record this transaction O Long-term Investments-Trading Investments will be debited for $516,000 O Long-term Investments-Available-for-Sale will be debited for $516,000 O Long-term Investments-Available-for-Sale will be credited for $516,000 O Long-term Investments-Olive Technologies, Inc. will be debited for $516,000

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