Brooks co. purchases debt investments as trading securities at a cost of $53,000 on december 27. this is its first and only purchase of such securities. at december 31, these securities had a fair value of $59,000. a. prepare the year end adjusting entry for th trading securities portfolio
1- performed an illegal act (actus reus) 2-while performing the act , had the required intent or specific state of mind ( mens rea)
Aor c sorry i couldn’t give a definite answer but you’lol have to choose for yourself
Interest rate is the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. interest rates are typically noted on an annual basis, known as the annual percentage rate
The answer is option a.
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Brooks co. purchases debt investments as trading securities at a cost of $53,000 on december 27. thi...
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