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Kim Company has the following securities in its trading portfolio of equity securities on December 31, 2018: All of the securities had been purchased in
Kim Company has the following securities in its trading portfolio of equity securities on December 31, 2018: All of the securities had been purchased in 2018. In 2019, Kim completed the following securities transactions: The Kim Company portfolio of equity securities appeared as follows on December 31, 2019: Prepare the following journal entries for Kim Company: (a) 2018 adjusting entry (b) Sale of the Creighton Corp. stock (c) Purchase of the O'Hara Enterprises' stock (d) 2019 adjusting entry
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