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Path: p Words:0 QIX3 Trading Debt Securities On May 18, 201, Fran Co, invested excess cash of $50,000 by puchasing bonds of Hans Inc. At

Path: p Words:0 QIX3 Trading Debt Securities On May 18, 201, Fran Co, invested excess cash of $50,000 by puchasing bonds of Hans Inc. At year-end December 31, 2018, the market price of the bonds was $52,000. The investment is categorized as a trading debt investment. Required: Record the Adjusting Entry needed at 12/31/18. QUESTION 7 TT T Arial Path: P 3 (12pt) TEE Click Save and Submit to save and submit. Click Save All Answers to save all answers. 15 S B % L T 3 & EX Words: Aimage text in transcribed

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