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What would journal entries to record this transaction

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Question - Assume that in a common-law state Mr. Davis satisfied marital claims by transferring appreciated stock in Dupont Co. with a basis of $20,000 but has a fair market value of $100,000.

What would journal entries to record this transaction for Mr. Davis look like the following the Court of Claims decision?

What would journal entries to record this transaction for Mr. Davis look like following the Supreme Court decision?

Reference no: EM133030895

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