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Fundamental Accounting Principles

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Hi there,
<br>Security; Cost; FMV
<br>A 17,500 16,000
<br>B 12,500 14,000
<br>C 23,000 19,000
<br>
<br>Security A:
<br>DR: Investment equity 16,000
<br>DR: Loss on devaluation ...

Solution Summary

This question involves the fundamentals of accounting

$2.19