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Question 28 Not yet answered Marked out of 1.00 Flag question Question text X Company sold the trading securities for $16000 that appeared as [stock

Question 28

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X Company sold the trading securities for $16000 that appeared as [stock investment 12000, market adjustment credited by $1000]. The realized gain or loss is ---------

$5000 gain

$6000 gain

$5000 loss

$6000 loss

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