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Marigold Corporation makes a short-term investment in 120 shares of Ivanhoe Company's common stock. The stock is purchased for $50 a share. The entry for

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Marigold Corporation makes a short-term investment in 120 shares of Ivanhoe Company's common stock. The stock is purchased for $50 a share. The entry for the purchase is 6000 Debt Investments Cash 6000 6000 Stock Investments Cash 6000 5507 Stock Investments Cash 5507 5640 Stock Investments Cash 5640

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