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Question 21 Not yet answered Marked out of 1.00 P Flag question XYZ Company receives net proceeds of $42,000 on the sale of share investments

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Question 21 Not yet answered Marked out of 1.00 P Flag question XYZ Company receives net proceeds of $42,000 on the sale of share investments that cost $39,500. The debit side of the journal entry is Select one: a. investment 42,500 b. cash 39,500 C. cash 42,500 d. gain of sales 2,500 Previous page Next page Jump to... Return to: General

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