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correct me plz Exercise 12-5 At December 31, 2018, the hald for trading invastments for Richatti Inc. are follows: Fair Value Security Cost $21.200 $18,900
correct me plz
Exercise 12-5 At December 31, 2018, the hald for trading invastments for Richatti Inc. are follows: Fair Value Security Cost $21.200 $18,900 11,900 13,500 20,200 22,200 $54,900 Tatals $53,000 Your answer is partially correct. Try again. required, select "No Entry Prepar t titles arnd enter 0 for the amount neld for trading investment portfolio at fair value, (Credit account tities are automatically indented when the amount is entered, Do not indent manuallv, If no entry E Date Account Titles and Explanation Debit Credit Dec 31 Held for Trading tnvestments 3300 Unrealized Loss on Held for Trading Investments 330 Your answer is partially correct. Try again. Show the financial statement presentation of the held for trading investments and any related accounts at December 31, 2018. RICHETTI INc Statement of Financial Position (Partial) or the Year Ended December 31, 2018 Current Assets 54900 Held for Trading Investments Income Statement (Partial) For the Year Ended December 31, 2010 Income From Operations Unrealized Loss on Held for Trading Investments 3301 SHOW LIST OF ACCOUNTS LUNK TO TEXT LINK O TXT Your answer is partially correct. Try again. account titHes and enter 0 for the 2,100 cash, Record the sale of the security. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the Credit Date Account Titles and Explanation Debit ash 22100 Mar, 22 Held for Trading Investments 21200 Realized Gain on Trading Investments 900Step by Step Solution
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