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Grand Corporation held one non-trading security

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Description

Grand Corporation held one non-trading security At January 1, 2013, Grand Corporation held one non-trading security: 3,000 shares of Nettle common stock purchased for $40 per share. At December 31, 2013, the fair value per share for Nettle was $42. Prepare the adjusting entry to report the portfolio at fair value at December 31, 2013. Business Assignment Help, Business Homework help, Business Study Help, Business Course Help

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