$ 335,000 Jarvis Ltd. 190,000 Algoma Central Railway 320,000 Total short-term investments $ 845,000 (Click to view the 2020 investment transactions.) (Click to view the investments' fair values at December 31.) Required Prepare the general joumal entries required to record the transactions of 2020. Journal Entry Date Accounts Debit Credit Dec. 31 Dec. 31. Record the general journal entry for the change in the short-term investments' fair value. Journal Entry Date Accounts Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air esc 80 F3 F5 F4 F6 F1 F2 A 0/ 70 @ ! # & $ 7 8 ns.) (Click to view the investme Fair values the transactions of 2020. Dec. 31 The fair values of the investments were: the transactions of 2020. Alberta Energy Co. $ Ltd. as a short-term investment. The sh 290,000 was $750. (Record debits first, the Jarvis Ltd. 197,000 atry Algoma Central Railway 325,000 Debit 296,000 Credi CFG Ltd. $ 1,108,000 Total short-term investments Print Done 00 and declared a cash dividend of $2,4 FG on Jan 31 will V a general journal entry. sh dividend. e input fields and then continue to the next question. Ltd. had the following short-term investments in marketable securities at fair value at December 31, 2019: Alberta Energy Co. $ 335,000 Jarvis Ltd. 190,000 Algoma Central Railway 320,000 $ 845,000 Total short-term investments (Click to view the 2020 Investment transactions.) (Click to view the investments' fair values at December 31.) Required Prepare the general journal entries required to record the transactions of 2020. Aug. 31. Received a 10-percent stock dividend from CFG Ltd. The 10-percent stock dividend on August 31 will a general journal entry. Oct. 1. Received the interest on the bonds. (Round your final answer to the nearest dollar.) Journal Entry Date Accounts Debit Credit Oct. 1 Nov. 1. CFG Ltd. declared and distributed a 2-for-1 stock split. The 2-for-1 stock split on November 1 will va general journal entry. Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air 888 SO F3 DU - FX F7 F6 esc F5 F2 F4 ( & @ # $ % 5 o 8 6 7 1 3 4 2 P Farrell Investments Ltd. had the following short-term investments in marketable securities at fair value at December 31, 2019: Alberta Energy Co. $ 335,000 Jarvis Ltd. 190,000 Algoma Central Railway 320,000 $ 845,000 Total short-term investments A (Click to view the 2020 investment transactions.) (Click to view the investments' fair values at December 31.) Required Prepare the general journal entries required to record the transactions of 2020, The 2-for-1 stock split on November 1 will va general journal entry Dec. 15. Sold 4,000 shares of CFG Ltd. for $29.00 per share. The brokerage commission was $1,500 (Round interim calculations to seven decimals. Round final answers to the nearest dollar.) Journal Entry Date Accounts Debit Credit Dec 15 Dec. 31. Recorded the adjustment for accrued interest on the bonds. (Use the difference between interest revenue and interest receivable to calculate the amortization of the discount.) Journal Entry Date Accounts Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air go 80 DOO GOD FB 77 19 esc F5 F6 F4 F1 F2 F3 A ) * @ $ w: % 5 & 7 6 8 9 1 4 2 I This Test: 60 pts possib Farrell Investments Ltd. had the following short-term investments in marketable securities at fair value at December 31, 2019: Alberta Energy Co. $ 335,000 Jarvis Ltd. 190,000 Algoma Central Railway 320,000 S 845,000 Total short-term investments (Click to view the 2020 Investment transactions.) (Click to view the investments' fair values at December 31.) Required Prepare the general journal entries required to record the transactions of 2020. THE LEGGUITO TECHOTE UIVIS wyurg II WHI yeneral jouma en y Feb. 15. Received $48,000 from CFG Ltd. as a cash dividend. Journal Entry Date Accounts Debit Credit Feb 15 Apr. 1. Purchased $550,000 (face value) of bonds at 99 as a long-term investment. The bonds pay 5 percent interest (2.5 percent semiannually) on October 1 and April 1. Farrell Investments Ltd. plans to hold the bonds until maturity in two years. The company chooses to use the straight-line method to amortize the discount Journal Entry Accounts Date Debit Credit Apr. 1 Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air DU DD 80 42 F10 19 esc - FB F5 17 F4 ! # 3 $ 4 % 5 & 7 6 9 8 2 0 1 - P W E R T Y U I wing short-term investments in marketable securities at fair value at December 31, 2019: $ 335,000 190,000 320,000 Investment transactions $ 845,000 hent transactions.) equired to record the equired to record the ercent) of CFG Ltd. a then credits. Farrell Investments Ltd. had the following investment transactions during 2020: 2020 Jan. 5 Purchased 5,000 shares (2 percent) of CFG Ltd. as a short-term investment. The shares were purchased at $59.00 and the brokerage commission was $750. 31 CFG Ltd. reported net income of $8,250,000 and declared a cash dividend of $2,400,000. Feb. 15 Received $48,000 from CFG Ltd. as a cash dividend. Apr. 1 Purchased $550,000 (face value) of bonds at 99 as a long-term investment. The bonds pay 5 percent interest (2.5 percent semi-annually) on October 1 and April 1. Farrell Investments Ltd. plans to hold the bonds until maturity in two years. The company chooses to use the straight-line method to amortize the discount. Aug. 31 Received a 10-percent stock dividend from CFG Ltd. Oct. 1 Received the interest on the bonds. Nov. 1 CFG Ltd. declared and distributed a 2-for-1 stock split. Dec. 15 Sold 4,000 shares of CFG Ltd. for $29.00 per share. The brokerage commission was $1,500. Dec. 31 Recorded the adjustment for accrued interest on the bonds. Journal Entry ounts me of $8,250,000 and vidends by CFG on Print Done G Ltd. as a cash divid Analno number in the input fields and then continue to the next