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value: 1.00 points On March 10, 2015, Dearden, Inc., purchased 10,600 shares of Jaffa stock for $42 per share. Management recorded it in the trading
value: 1.00 points On March 10, 2015, Dearden, Inc., purchased 10,600 shares of Jaffa stock for $42 per share. Management recorded it in the trading securities portfolio. The following information pertains to the price per share of Jafa stock: 12/31/2015 12/31/2016 12/31/2017 Price S40 43 39 Dearden sold all of the Jaffa stock on September 12, 2018, at a price of $37 per share. Prepare any journal entries that are required by the facts presented in the case. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 4 Record the appropriate journal entry on March 10, 2015 Note: Enter debits before credits. Date General Journal Debit Credit March 10, 2015
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