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s. The fair value for Solstice Corp. stock was $39.02 per share on December 31, 2014. The investment is adjusted to fair value, using a
s. The fair value for Solstice Corp. stock was $39.02 per share on December 31, 2014. The investment is adjusted to fair value, using a valuation allowance account. Assume Valuation Allowance for Available-for-Sale Investments had a beginning balance of zero
Descripton | Debit | Credit |
Unrealized Gain (Loss) on Available for Sale Investments | ||
Valuation Allowence for Available for Sale Investmetns |
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