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On December 2 9 , 2 0 2 4 , Adams Apples purchased 1 , 2 0 0 shares of General Electric common stock for
On December Adams Apples purchased shares of General Electric common stock for $ per
share. On December the market value of the stock increased to $ per share. On January all of
the shares are sold for $ per share.
Record the initial investment, any fair value adjustment at the end of and the sale in
Note: If no entry is required for a particular transactionevent select No Journal Entry Required" in the
first account field.
Journal entry worksheet
Record the sale of the investment.
Note: Enter debits before credits.
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