Garrett corporation holds as a long-term investment
Garrett Corporation holds as a long-term investment available-for-sale stock securities costing $72,000. At December 31, 2011, the fair value of the securities is $66,000. Prepare the adjusting entry to record the securities at fair value.
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garrett corporation holds as a long-term investment available-for-sale stock securities costing 72000 at december 31
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