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Journalize the entries for the february purchase

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Question - Journal entries for trading investments - The investments of Charger Inc. include an investment of trading securities of Raiders Inc. purchased on February 24, 20Y7, for $266,000. The fair value of the securities on December 31, 20Y7, is $350,000. Journalize the entries for the February 24 purchase and the adjustment to fair value on December 31, 20Y7.

Reference no: EM133146672

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