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At December 3 1 , 2 0 2 4 , Hull - Meyers Corporation had the following investments that were purchased during 2 0 2
At December HullMeyers Corporation had the following investments that were purchased during its first year of operations: tableReported on Balance Sheet as:Unrealized gain loss included in:Current assets,tableNoncurrentassetsNet Income
tableOtherComprehensiveIncome OCItableTotalComprehensiveIncomeTrading Securities,,,,,Security ASecurity BSecurities AvailableforSale,,,,,Security CSecurity DSecurities to be HeldtoMaturity,,,,,Security ESecurity F At December HullMeyers Corporation had the following investments that were purchased during its first year of
operations:
No investments were sold during All securities except Security D and Security F are considered shortterm investments. None of
the fair value changes is considered permanent.
Required:
Complete the following table.
Note: Amounts to be deducted should be indicated with a minus sign.
Amortized cost Fair Value
Trading Securities:
Security A $ $
Security B
Totals $ $
Securities AvailableforSale:
Security C $ $
Security D
Totals $ $
Securities to Be HeldtoMaturity:
Security E $ $
Security F
Totals $ $
No investments were sold during All securities except Security D and Security F are considered shortterm investments. None of the fair value changes is considered permanent.
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