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    Exam 14: Understanding Investments and Acquisitions in Accounting
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    CGS Corporation Makes an Investment in 200 Shares of Bama
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CGS Corporation Makes an Investment in 200 Shares of Bama

Question 58

Question 58

Short Answer

CGS Corporation makes an investment in 200 shares of Bama Company's common stock. The stock is purchased for $53 a share. The entry for the purchase is: CGS Corporation makes an investment in 200 shares of Bama Company's common stock. The stock is purchased for $53 a share. The entry for the purchase is:

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