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Business, 30.04.2021 20:10 Yuii

Charlie Corporation purchased 2,000 shares of Robbins Company for $5 per share on October 15, 2017 and accounts for it as an available-for-sale security. On December 31, 2017, Robbins' stock was selling for $8 per share. On November 8, 2018, Charlie sold all of its shares of Robbins for $7 per share. What would be the amount credited to the Investment in Available-for-Securities account on Nov?

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Charlie Corporation purchased 2,000 shares of Robbins Company for $5 per share on October 15, 2017 a...
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