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Question 9 [8 points) Holden Company holds a number of investment properties which it accounts for under IAS 40. The company purchases rental groperty on

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Question 9 [8 points) Holden Company holds a number of investment properties which it accounts for under IAS 40. The company purchases rental groperty on June 1, 2015. for $100.000. The soon December 31, 2015, was $1,320,000, and the appraised value on December 31, 2016. was 51.193.000. Preise make sure your final or route to 2 dece a) Prepare the adjusting journal entries for this property on December 31, 2015. Enter an appropriate description and enter the date in the formation General Paon a Date Account Explanaton PR De Credit b) Prepare the adjusting journal entries for this property on December 31, 2016. Enter apr appropriate description, and enter the date in the format ddim (1) General Bouma Page Account Explanation PRIDGE

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