Flowers54 Flowers54

11-03-2024
Business

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Which of the following is true regarding the $2. 00 per share difference in fair value of Jones Company shares at year-end?

A) It would be reported as a loss in retained earnings.
B) It would be included in net sales.
C) It would not be reported in any of the above.
D) It would be recorded as other gains and losses.

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