What is he journal entry for the problem, Accounting Basics

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What is he journal entry for the problem

Problem

The hospital sold marketable securities without donor restrictions to hire a well-known cancer researcher. It received $600,000 from investments that had a fair value of $550,000 at the end of the prior fiscal year. What is he journal entry for this problem?

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Accounting Basics: What is he journal entry for the problem

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