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Bailey Corp

Question 91

Multiple Choice

Bailey Corp.sold investments for $204,000 cash that cost $180,000.The journal entry to record the transaction which correctly shows the increase in cash flow is:


A)
Bailey Corp.sold investments for $204,000 cash that cost $180,000.The journal entry to record the transaction which correctly shows the increase in cash flow is: A) B) C) D)
B)
Bailey Corp.sold investments for $204,000 cash that cost $180,000.The journal entry to record the transaction which correctly shows the increase in cash flow is: A) B) C) D)
C)
Bailey Corp.sold investments for $204,000 cash that cost $180,000.The journal entry to record the transaction which correctly shows the increase in cash flow is: A) B) C) D)
D)
Bailey Corp.sold investments for $204,000 cash that cost $180,000.The journal entry to record the transaction which correctly shows the increase in cash flow is: A) B) C) D)

Correct Answer:

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