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Business, 22.04.2020 02:27 ghostlyfrost67p8u0ey

9. On August 20, 2018, Macak, Co. decides to invest excess cash of $ 3 comma 000 by purchasing Buffalo, Inc. bonds. At year-end, December 31, 2018, the market price of the bonds was $ 2 comma 400. The investment is categorized as available-for-sale debt. Journalize the adjusting entry needed at December 31, 2018.

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9. On August 20, 2018, Macak, Co. decides to invest excess cash of $ 3 comma 000 by purchasing Buffa...
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