Advanced X X cuments/Tencent%20Files/994500573/FileRecy/Advanced%20Accounting Solutions%20to%20Chapter%201_Selected%20Question + FA EXERCISES ELL Investment in Trading Securities (in millions) a $372-12-$360 b. Unrealized gains and losses on trading securities are reported in income c. Investment in trading securities Cash 360 360 Investment in trading securities Gain on trading securities income 12 12 d. Cash Loss on trading securities (income Investment in trading securities 370 2 372 12 Investment in Trading and Available for Sale Securities Investment in trading securities 450.000 450.000 25.000 25.000 B o - + ! ERCISES 1 Investment in Trading Securities (in millions) a. $372 - 12 - $360 b. Unrealized gains and losses on trading securities are reported in income. c. Investment in trading securities Cash 360 360 Investment in trading securities Gain on trading securities (income) 12 12 d. Cash Loss on trading securities (income) Investment in trading securities 370 2 372 E12 Investment in Trading and Available-for-Sale Securities 2016 entries Investment in trading securities Cash 450,000 Investment in trading securities Gains on trading securities (income) 450,000 25,000 25,000