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SAT, 25.11.2021 15:00 kelciiann5968

On january 1, 2018, brian company purchased at par $800,000, 6 percent bonds issued by laura company to be actively traded. At december 31, 2018, the bonds had a fair value of $775,000. The bond investment was sold on july 1, 2019, for $802,000. Brian company’s fiscal year ends on december 31. Using the following categories, indicate the effects of the transactions listed above. (enter a positive value for an increase, negative value for a decrease, and zero for a net effect of zero. ).

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On january 1, 2018, brian company purchased at par $800,000, 6 percent bonds issued by laura company...

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