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    Financial Accounting Study Set 22
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    Exam 8: Long-Term Investments the Time Value of Money
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    An Investor Has a Long-Term Available-For-Sale Stock Investment
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An Investor Has a Long-Term Available-For-Sale Stock Investment

Question 72

Question 72

True/False

An investor has a long-term available-for-sale stock investment. The investor receives a stock dividend on the stock investment. No journal entry is necessary for the stock dividend.

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