#1138964
An investment in ordinary shares acquired during the year at a cost of $20,000 has a year-end market value of $21,250. The year-end adjusting entry requires a:
Варианты ответа:
- debit to Allowance to Adjust Investments to Market for $1,250.
- debit to Long-Term Investments for $1,250.
- debit to Unrealized Gain on Investment for $1,250.
- credit to Allowance to Adjust investment to Market for $1,250.
Курсы в категории:
Финансы и банковское дело