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At December 31, 2014. Charter Holding Co. owned the following investments in capital mock o publicly traded companies (classified as available-for-sale securities): In 2015. Charter

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At December 31, 2014. Charter Holding Co. owned the following investments in capital mock o publicly traded companies (classified as available-for-sale securities): In 2015. Charter engaged in the following two transactions: Apr. 10 Sold 1.000 shares of its investment in Limited Brands, Inc.. at a price of $45 per share less a brokerage commission of $100. Aug. 7 Sold 2.000 shares of its investment in The Gap, Inc.. at a price of $35 per share, less a brokerage commission of $150. At December 31, 2015, the market values of these stocks were: limited Brands. Inc.,S42 share; and The Gap, Inc., $37 per share. Illustrate the presentation of marketable securities and the unrealized holding gain or loss Charters balance sheet at December 31.2014 Include a caption indicating the section of the balance sheet in which each of these accounts appears. Prepare journal entries to record the transactions on April 10 and August Prior to making a fair value adjustment at the end of 2015. determine the unadjusted balance in the Marketable Securities control account and the net realized Holding Gain (or loss) c Investments account. At December 31, 2014. Charter Holding Co. owned the following investments in capital mock o publicly traded companies (classified as available-for-sale securities): In 2015. Charter engaged in the following two transactions: Apr. 10 Sold 1.000 shares of its investment in Limited Brands, Inc.. at a price of $45 per share less a brokerage commission of $100. Aug. 7 Sold 2.000 shares of its investment in The Gap, Inc.. at a price of $35 per share, less a brokerage commission of $150. At December 31, 2015, the market values of these stocks were: limited Brands. Inc.,S42 share; and The Gap, Inc., $37 per share. Illustrate the presentation of marketable securities and the unrealized holding gain or loss Charters balance sheet at December 31.2014 Include a caption indicating the section of the balance sheet in which each of these accounts appears. Prepare journal entries to record the transactions on April 10 and August Prior to making a fair value adjustment at the end of 2015. determine the unadjusted balance in the Marketable Securities control account and the net realized Holding Gain (or loss) c Investments account

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