Outer Banks Corporation sells 300 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $40 a share. Outer Banks sold the shares for $43 a share. The entry to record the sale is

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The Answer of Outer Banks Corporation sells 300 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $40 a share. Outer Banks sold the shares for $43 a share. The entry to record the sale is

Outer Banks Corporation Sells 300 Shares of Common Stock Being