Halam Company had the following transactions relating to investments in trading securities during the year.Prepare the required general journal entries for these transactions.
Definitions:
Empiricism
A philosophical standpoint that emphasizes the role of experience and evidence, especially sensory perception, in the formation of ideas, over the notion of innate ideas or traditions.
Direct Observation
A method of collecting data by watching subjects in their natural environment without any manipulation or interference.
Logical Reasoning
The process of using a logical sequence of thinking, utilizing deductive or inductive reasoning, to arrive at a conclusion or solve problems.
Direct Observation
A method of gathering data by watching behavior or events as they occur in their natural setting.
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