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Securities held by an Investment Trust Fund and carried on the books at $50,000 are sold for $61,000. On receiving the cash from the sale,
- Securities held by an Investment Trust Fund and carried on the books at $50,000 are sold for $61,000. On receiving the cash from the sale, how should the Investment Trust Fund account for the $11,000 gain?
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The Internet Supply Chain Impact On Accounting And Logistics
Authors: D. Chorafas
5th Edition
0333949633, 9780333949634
