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Part El (ii & iii) - INVESTMENTS (7 Marks) ii) The table below indicates the carrying amounts (and cost), and fair values of Quintox's FVOCl

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Part El (ii \& iii) - INVESTMENTS (7 Marks) ii) The table below indicates the carrying amounts (and cost), and fair values of Quintox's FVOCl - Equity investments as of their fiscal year end, November 30,2021. Required: Prepare the journal entry at November 30,2021 that Quintox would make using the FVOCI Equity Method to record for these investments. (2 Marks) iii) On December 28, 2021 Quintox sells all of its Avacom Inc.'s common shares receiving cash proceeds of $204,750. Required: Prepare the two journal entries Quintox would record at December 28, 2021. The company elects to transfer realized holding gains/losses to Retained Earnings. (Leave an empty line between each

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