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What is the method of accounting for investments in equity securities in which the investor records its share of periodic net
Land costing $71,000 was sold for $50,000 cash. The loss on the sale was reported on the income statement as other expense. O
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Arst y option o) Eauity method option A) $50.000 Since we sold land @ $5000 only we received only room. Cat. its on cash flo

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