At the end of Blossom Corporation's fiscal year, its portfolio of FVTPL investments is as...
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Accounting
At the end of Blossom Corporation's fiscal year, its portfolio of FVTPL investments is as follows: Market Value Security A Common shares B Common shares Cost $9800 7600 $17400 $12400 4200 $16600 Blossom subsequently sells B common shares for $9300. What entry is made to record the sale? O Cash Investments at FVTPL 7600 7600 O Cash Investments at FVTPL Investment Income or Loss 9300 7600 1700 Cash 9300 9300 Investments at FVTPL

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