Question
Marigold Company has a non-trading equity investment portfolio valued at $2,800. Its cost was $2,100. Prepare the journal entry at year-end. (Credit account titles are
Marigold Company has a non-trading equity investment portfolio valued at $2,800. Its cost was $2,100. Prepare the journal entry at year-end. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit
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Accounting The Basis For Business Decisions
Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner
International 11th Edition
007115809X, 978-0071158091
