CNOW journals will automatically indent a credit entry when a credit amount is entered. Round your intermediate calculations to two decimal places and round your final answers to the nearest dollar. 166 Valuation Allowance for Available-for-Sale Investments 181 Land 191 Store Equipment 192 Accumulated Depreciation-Store Equipment 193 Office Equipment 194 Accumulated Depreciation-Office Equipment LIABILITIES 210 Accounts Payable 221 Notes Payable 231 Interest Payable 241 Salaries Payable 251 Sales Tax Payable EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Treasury Stock 332 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 350 Unrealized Gain (Loss) on Available-for-Sale Investments 351 Cash Dividends 352 Stock Dividends 533 Repairs Expense 534 Selling Expenses 535 Rent Expense 536 Insurance Expense 537 Office Supplies Expense 538 Store Supplies Expense 561 Depreciation Expense-Store Equipment 562 Depreciation Expense-Office Equipment 590 Miscellaneous Expense 710 Interest Expense 731 Loss on Sale of Investments 741 Unrealized Loss on Trading Investments Chart of Accounts CNOW journals will automatically indent a credit entry when a credit amount is entered. Round your intermediate calculations to two decimal places and round your final answers to the nearest dollar. 1. Journalize the entries to record the preceding transactions, including any December 31 adjusting entries. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Round your intermediate calculations to two decimal places and round your final answers to the nearest dollar. 2. Prepare the Trading Investments section of the December 31, 20Y3, balance sheet for Rios Co. Be sure to complete the statement heading. Refer to the Chart of Accounts and the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Colons (:) will fill in where needed. 3. How are unrealized gains or losses on trading investments presented on the financial statements of Rios Co.? 3. How are unrealized gains or losses on trading investments presented on the financial statements of Rios Co.? Unrealized gains and losses on trading investments are reported on the . For 20Y2, Rios Co. would have reported an . For 20Y3, Rios Co. would have reported an If unrealized gains and losses were significant for Rios Co., then they would b Record these transactions on page 10: Record these transactions on page 11: 20Y3 Apr. 1 Purchased securities of Fuller Inc. as a trading investment for $125,000. Oct. 14 Sold securities of Fuller Inc. that cost $25,000 for $30,000. Dec. 31 The fair values of the Holland Inc. and Fuller Inc. securities are as follows: Required: 1. Journalize the entries to record the preceding transactions, including any December 31 adjusting entries. Refer to the chart of accounts for the exact wordina of the account titles. CNOW iournals do not use lines for iournal explanations. Everv line on a iournal paqe is used for debit or answer choices for text entries. Colons (:) will fill in where needed. Labels and Amount Descriptions Labels Current assets Current liabilities December 31, 20Y3 Amount Descriptions Net income Net loss Other income (loss) Other comprehensive income (loss) Trading investments (at cost) Trading investments (at fair value)