Question
Available-for-sale Debt Security Portfolio December 31, 2019 Investments Amortized Cost Fair Value Unrealized Gain (loss) Coor Corporation bonds 8% 92,500 108,200 WatbondCorp.10% bonds 199,000 185,000
Available-for-sale Debt Security Portfolio December 31, 2019 Investments Amortized Cost Fair Value Unrealized Gain (loss) Coor Corporation bonds 8% 92,500 108,200 WatbondCorp.10% bonds 199,000 185,000 Total of Portfolio 291,000 293,200 Record (complete journal entries) the unrealized gain/loss for above debt security portfolio. The fair value adjustment account is in credit for 4,000.
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Bank Performance, Risk And Firm Financing
Authors: P. Molyneux
1st Edition
0230313353, 9780230313354
