What journal entries would maynard corporation make

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Reference no: EM132754917

Problem 1: Assume that the derivative is accounted for as a stand-alone derivative. What journal entries would Maynard Corporation make during 20X1 to record the effects of the option purchase? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Reference no: EM132754917

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