All Corp. completed the following investment transactions during 2022 and 2023: 2022 Dec.12...
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All Corp. completed the following investment transactions during and :
Dec Purchased shares of Blackmore Ltd at a price of $ per share, intending to sell the investment within the next year. Brokerage commission fees were $
Received a cash dividend of $ per share on the Blackmore Ltd shares.
Adjusted the investment to its fair value of $ per share.
Jan Sold the Blackmore Ltd shares for $ per share, less brokerage commissions of $
Classify All Corp.s investment as shortterm or longterm.
Journalize All Corp.s investment transactions.
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