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Accounting Question During the fourth quarter of 2017, Alpha Company acquired the following trading securities: Date Company # of | Price per SharesShare 10/15 Yankee
Accounting Question
During the fourth quarter of 2017, Alpha Company acquired the following trading securities: Date Company # of | Price per SharesShare 10/15 Yankee Company 1,000 $50 10/25 X-ray Company 1,000 35 10/31 Zulu Company 1,000 On November 10th, Alpha Company sold the X-ray Company stock for $31 per share. On December 24th, Zulu Company paid dividends of $0.15 per share. The following were the year-end market values: FMV per Share Company Yankee Copany$60 X-ray Company Zulu Company 15 20 What the total dollar values that Alpha Company should record for the following- Enter whole dollars only, for loss amounts enter the $& value inside of the 1. Realized Gain/Loss during 2017 2. Unrealized Gain/Loss on Trading Securities for 2017 3. Dividend IncomeStep by Step Solution
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