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Imagine that you are working in a federal government office as a government employee. You have been tasked with preparing an Independent Government Cost Estimate (IGCE) for a two-million-dollar procurement. The purchase is for the construction of fifty (52) towers with cameras and radar. The period of the contract is ten (10) years. The contract will also include training for the camera operators.
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Computation of unrealised gain or loss in market value of trading securities and Prepare the required general journal entry for these transactions
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