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What is the appropriate amount for harry putts

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Question - Harry Putts Tennis Academy held investments in trading securities with a fair value of $70,000 at December 31, 2014. These investments cost Harry Putts $65,000 on January 1, 2014. What is the appropriate amount for Harry Putts to report for these investments on the December 31, 2014, balance sheet?

Reference no: EM131660761

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