On april 18 2011 jane smith purchased 30 shares of abc, Ask an Expert

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On April 18, 2011, Jane Smith purchased 30 shares of ABC stock for $210, and on September 29, 2011, she purchased 90 additional shares for $900. On November 28, 2011, she sold 48 shares, which could not be specifically identified, for $576, and on December 8, 2011, she sold another 25 shares for $100. What is her recognized gain or loss?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M955776

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