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Harry company sold 10000 shares of potter co common stock

1. Harry Company sold 10,000 shares of Potter Co. common stock for $27.50 per share, incurring $1,770 in brokerage commissions. These securities were classified as trading and originally cost $260,000. Prepare the entry to record the sale of these securities.

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Accounting Basics: Harry company sold 10000 shares of potter co common stock

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