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5)Investor purchased common shares of Company A and B for $10,000 and $12,000, respectively on 12/10/19. At 12/31/19, investments in Company A & B had

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5)Investor purchased common shares of Company A and B for $10,000 and $12,000, respectively on 12/10/19. At 12/31/19, investments in Company A & B had a fair value of $9,000 and $15,000, respectively. How much is the unrealized gain or loss for these securities and how is it reported (part of Net Income or OCI?)? Bob began Year 5 with one trading debt security in its portfolio (that it had purchased back in year 2). It had a total book value of $8,500 (including Fair Value Adjustment - Trading Securities account) at the beginning of Year 5. The FVA account specifically had a debit balance of $1,000. 6) What was Bob's original purchase price of the asset? 7) With only the information already provided, do we know how much of an effect this security had on any individual year's net income so far? 8) Assume Bob sells the security in year 5 for $8,900. What is the realized gain/loss on this transaction? 9)What is the effect of this security on Year 5.Net Income? 10)Investor invested $19,000 in a debt security of Alpha during Year 1 and classified it as available-for- sale. The fair value of this investment was $17,500 and $22,000 at the end of Year 1 and Year 2, respectively. What is the unrealized gain or loss for this investment at the end of Year 1 and how is it reported? 11)What is the correct journal entry to adjust the AFS security to fair value at the end of Year 2? 12)On 1/1/19, Investor paid $200,000 for 10,000 shares (which is 10% ownership) of Gamma common stock. Gamma reported net income of $65,000 for 2019. The fair value of the Gamma stock on 12/31/19 was $27/share. What amount will be reported in Investor's balance sheet for the investment in Gamma at December 31? States) 1) Bob began Year 5 with one trading debt security in its portfolio (that it had purchased back in year 2). It had a total book value of $8,500 (including Fair Value Adjustment - Trading Securities account) at the beginning of Year 5. The FVA account specifically had a debit balance of $1,000. What was Bob's original purchase price of the asset? With only the information already provided, do we know how much of an effect this security had on any individual year's net income so far? Assume Bob sells the security in year 5 for $8,900. What is the realized gain/loss on this transaction? What is the effect of this security on Year 5 Net Income? houdt 2) Investor invested $19,000 in a debt security of Alpha during Year 1 and classified it as available-for-sale. The fair value of this investment was $17,500 and $22,000 at the end of Year 1 and Year 2, respectively. What is the unrealized gain or loss for this investment at the end of Year 1 and how is it reported? What is the correct journal entry to adjust the AFS security to fair value at the end of Year 2

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