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Tom is to make investments $48,000 in dollars for a 30% attention in the collaboration, which has full total property (assets minus debts) of $130,000 after the stock is definitely revalued. On Dec 31, the charge of investing stock options stock portfolio seemed to be $64,200, and the honest cost has been $67,000. This quantity is certainly payable on Economy is shown 1. On Dec 31 and Jan 1 Prepare the paper entries demanded. (a.) Prepare the journal admittance to matter $100,000 a genuine that bought for $94,000. NCDHD would want to take this time to thank our location interests on their attempts of social distancing and submission with adhering to the Sent Well being Procedures.
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