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Practice Question 20 In October, a company purchased shares in another company for the purpose of trading, at a cost of $18,000. As of the

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Practice Question 20 In October, a company purchased shares in another company for the purpose of trading, at a cost of $18,000. As of the company's December 31 year end, the shares are worth $21,000. The December 31 journal entry will include O a debit to Investments at FVTPL for $21,000. O no journal entry is required. O a debit to Cash for $3,000. O a credit to Investment Income or Loss for $3,000. Question Attempts: 0 of 1 used

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