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On October 12, 2017 Neptune Corporation invested $700,000 in short-term available for sale marketable securities. The market value of this investment was $730,000 at December
On October 12, 2017 Neptune Corporation invested $700,000 in short-term available for sale marketable securities. The market value of this investment was $730,000 at December 31, 2017, but had slipped to $725.000 by December 31, 2018 ssuming Neptune does not sell this investment, the financial statements prepared at December 31, 2018 will report: Multiple Choice The asset Investments in Marketable Securities of $725.000 and a $5.000 Unrealized Holding Loss deducted from total stockholders equity The asset Investments in Marketable Securities of $700,000 in the balance sheet and a $25.000 Unrealized Holding Loss on investments in the income statement Investment in Marketable Securities of $725,000 in the asset section of the balance sheet with a $25.000 Urrealized Holding Gain on investments included in the stockholders' equity section Investments in Marketable Securities of $700,000, reduced by a $30,000 Unrealized Holding Gain on investments in the asset section of the balance sheet Next
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