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Falcon Wholesalers Purchased Equity Securities During 2016 and 2017 That

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Falcon Wholesalers purchased equity securities during 2016 and 2017 that it classified as trading securities.It had not purchased equity securities prior to 2016,and has purchased no other equity securities besides the following:
Falcon Wholesalers purchased equity securities during 2016 and 2017 that it classified as trading securities.It had not purchased equity securities prior to 2016,and has purchased no other equity securities besides the following:    Prepare all necessary journal entries for 2016 and 2017 related to these securities. Prepare all necessary journal entries for 2016 and 2017 related to these securities.

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