Question
On June 5, Pane sells an investment classified as available-for-sale for $200,000. The debt securities were purchased at par value during the prior year for
On June 5, Pane sells an investment classified as available-for-sale for $200,000. The debt securities were purchased at par value during the prior year for $150,000. At the end of the prior year, the securities were valued at$170,000.
what are the two journal entries for this.
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Laboratory Auditing For Quality And Regulatory Compliance
Authors: Donald C. Singer, Raluca-Ioana Stefan, Jacobus F. Van Staden
1st Edition
0367392461, 978-0367392468
