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Northern Company has an equity investment in another company of $600,000. Northern Company does not have significant influence over the company and the investment has
Northern Company has an equity investment in another company of $600,000. Northern Company does not have significant influence over the company and the investment has a fair value of $575,000. At the end of the reporting period, the journal entry includes (Select all that apply.) Multiple select question. debit to unrealized holding loss - net income $25,000 debit to unrealized holding gain - net income $25,000 credit to unrealized holding gain - other comprehensive income $25,000 debit to unrealized holding gain - other comprehensive income $25,000 debit to fair value adjustment $25,000 credit to fair value adjustment $25,000
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