Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Chapter MB, Problem 4M
To determine

Calculate the value of portfolio that should be disclosed on the balance sheet as on December 31, 2013, and December 31, 2014. Prepare necessary adjusting entry at the end of the December 31, 2013, and December 31, 2014.

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