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Choices: 1. What balance sheet amount would Beresford report for the total of its investments in debt securities at 12/31/2017? 2. What would be the
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1. What balance sheet amount would Beresford report for the total of its investments in debt securities at 12/31/2017? 2. What would be the balance in Beresford's accumulated other comprehensive income with respect to these investments in its 12/31/2018 balance sheet (ignore taxes)? 3. What total unrealized holding gain would Beresford report in its 2019 income statement relativ to its investments in debt securities? ABCDInvestent-12/31/2017P637,000.P644,500.P645,400.NoneoftheseanswerAccum.OIC-12/31/2018P10,400.P26,500.P55,100.NoneoftheseanswerUnrealizedGain-2019P36,000.P55,900.P80,900.P48,200. 1. What balance sheet amount would Beresford report for the total of its investments in debt securities at 12/31/2017? 2. What would be the balance in Beresford's accumulated other comprehensive income with respect to these investments in its 12/31/2018 balance sheet (ignore taxes)? 3. What total unrealized holding gain would Beresford report in its 2019 income statement relativ to its investments in debt securities? ABCDInvestent-12/31/2017P637,000.P644,500.P645,400.NoneoftheseanswerAccum.OIC-12/31/2018P10,400.P26,500.P55,100.NoneoftheseanswerUnrealizedGain-2019P36,000.P55,900.P80,900.P48,200Step by Step Solution
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