brown package corporation generated excess cash and invested in securities as follows/

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1. Classify each of the investments made during 2014. (Assume the investments represent less than 20% of ownership of outstanding voting stock.)
2. Journalize the 2014 transactions. Explanations are not required.
3. Prepare T-accounts for the investment assets and show how to report the investments on Brown’s balance sheet at December 31, 2014.

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