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Blue Spruce Corporation had the followin rtfolio of investments ember 31 023, that qualifie d were accounted for using the FV-00 ethods Quantity Percentage
Blue Spruce Corporation had the followin rtfolio of investments ember 31 023, that qualifie d were accounted for using the FV-00 ethods Quantity Percentage Interest Cost per Shine per Share Frank Inc. 1900 shanes 516 Ellis Corp. 4.800 shares Mendota Ltd. 4.100 shares Early in 2024 Be Soru Spruce's portfolio con old all the Frank shares for $17 per share, less a 135 commission the following common shares the sale. On December 31, 2024 Blv Quantity Percentage Interest Elfs Corb 4800 shares Far Value per Shane 526 Mendota Ltd 4.100 shares 32 1500 shares Accume that 15.100 for les year ended December 31, 2024 and that the company followsa policy of capitalizing transaction costs. Realized gains and losses on equity investiments are reclass fad from accurrulated offer comprehensive income directly to retained earnings O imprehensive income for the investments accounted for using the income for Blue Spruce and provide an entry for classifying What should be reported on Blue Spruce's 2004 statement FV-OCI model? Prepare a partial 2024 statement of comprehens holding gains or losses to Retained Earnings on equity investments sold during 2024 (Enter negative amounts using either a negative sign preceding the number eg-45 or parentheses e 145. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "hip Entry" for the account titles and enter for the amounts. List debit entry before Blue Spruce Corporation Statement of Comprehensive Income Account Titles and Explanation Debit Credit
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