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Short-Term Investments Have an Original Cost of $30,000 and a Fair

Question 53

Multiple Choice

Short-term investments have an original cost of $30,000 and a fair market vallue of $31,000 at December 31, 2018. At what amount would the investments be measured on the December 31, 2018 balance sheet?


A) $30,000
B) $31,000
C) ($2,000)
D) $2,000

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