Classified as an available-for-sale investment

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How do i journalize this problem: Purchased 7,500 shares of Solstice Corp. at $40 per share, plus a $150 brokerage commission? The investment is classified as an available-for-sale investment.

Reference no: EM13906076

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Classified as an available-for-sale investment : How do i journalize this problem: Purchased 7,500 shares of Solstice Corp. at $40 per share, plus a $150 brokerage commission? The investment is classified as an available-for-sale investment.

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