Equity investment: An investment made in shares and is held to earn some income in the form of dividends and capital gains. To prepare: To prepare the journal entry to record the sale. Given information: All the information related to H Company is provided in the question document.

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Chapter 17, Problem 14Q

To determine

Equity investment: An investment made in shares and is held to earn some income in the form of dividends and capital gains.

To prepare: To prepare the journal entry to record the sale.

Given information: All the information related to H Company is provided in the question document.

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