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On December 2 1 , 2 0 2 5 , Tamarisk Company provided you with the following informatibn regarding its equity imvestments. During 2 0
On December Tamarisk Company provided you with the following informatibn regarding its equity imvestments.
During Colarado Ca stock was sold for $ The fair value of the stock on Decembar was Clamson Corp. stock
$; Quffaloes Co stock $ None of the aquity investments result in si gificant influance.
a Prepare the adjusting journal antry needad on December
b Prepare the journal entry to racord the sale of the Calorado Ca stock during
c Prepare the adjusting journal antry needad on December
List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manuallk, if
no entry is required, select No Entry" for the account titles and enter for the amounts.
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