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A company pays $7,000 to purchase futures contracts to buy 200 oz of gold at $1,600/oz. At the company's year-end, the price of gold was $1,625 and the value of the company's futures contracts increased to $10,000.
Required:
Record the journal entries related to these futures.
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A standard amendment to IEEE 802.3 that specifies frame extensions for VLAN tagging in Ethernet networks.
Network Adapters
Hardware components that connect computers to a network, allowing them to communicate with other computers and devices.
Game Console
A dedicated electronic device designed to play video games where games are controlled using a specific input device.
Printer
A common output device that creates tangible or hard copies of text and graphics.
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