These investment cost shea 72 000 on january 1 2014 what


Question - Kyla shea tennis academy held investment in trading securities with a fair value of 75,000 at December 31,2014. These investment cost Shea $ 72, 000 on January 1, 2014. What is the appropriate amount to report on the balance sheet?

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Accounting Basics: These investment cost shea 72 000 on january 1 2014 what
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