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TB Problem 12-151 (Algo) Eastwood Enterprises owns 400 bonds of the Van Cleef Company (5% of the outstanding debt of Van Clee
field.) nt. (If no entry is required for a transaction/e View transaction list Journal entry worksheet < 1 Record any necessa
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1) -solution of Investment fair value 900 Bond x 400 pea 360000 2) Transcation Debit Credit 1 브 40000 General Journal Net unr

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