Business, 17.12.2019 06:31, TSZRobloxian8290
On december 21, 2020, oriole company provided you with the following information regarding its equity investments. december 31, 2020 investments (trading) cost fair value unrealized gain (loss) clemson corp. stock $19,200 $18,300 $(900 ) colorado co. stock 9,500 8,600 (900 ) buffaloes co. stock 19,200 19,800 600 total of portfolio $47,900 $46,700 (1,200 ) previous fair value adjustment balance 0 fair value adjustment—cr. $(1,200 ) during 2021, colorado co. stock was sold for $9,150. the fair value of the stock on december 31, 2021, was clemson corp. stock—$18,400; buffaloes co. stock—$19,690. none of the equity investments result in significant influence.
(a) prepare the adjusting journal entry needed on december 31, 2020.
(b) prepare the journal entry to record the sale of the colorado co. stock during 2021.
(c) prepare the adjusting journal entry needed on december 31, 2021.
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 07:30, dimondqueen511
Which two of the following are benefits of consumer programs
Answers: 1
Business, 22.06.2019 20:40, lulustar13
David consumes two things: gasoline (g) and bread (b). david's utility function is u(g, b) = 10g^0.25 b^0.75. use the lagrange technique to solve for david's optimal choices of gasoline and bread as a function of the price of gasoline, p_g, the price of bread, p_b, and his income m. with recent decrease in the price of gasoline (maybe due to external shock such as shale gas production) does david increase his consumption of gasoline? for david, how does partial differential g/partial differential p_g depend on his income m? that is, how does david's change in gasoline consumption due to an increase in the price of gasoline depend on his income level? to answer these questions, find the cross-partial derivative, |partial differential^2 g/partial differential m partial differential p_g.
Answers: 1
Do you know the correct answer?
On december 21, 2020, oriole company provided you with the following information regarding its equit...
Questions in other subjects:
English, 31.01.2020 02:45
Arts, 31.01.2020 02:45
Mathematics, 31.01.2020 02:45
Mathematics, 31.01.2020 02:45
Biology, 31.01.2020 02:45
Mathematics, 31.01.2020 02:45
Mathematics, 31.01.2020 02:45
Geography, 31.01.2020 02:45
