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Current Attempt in Progress Prepare Swifty general journal entry to record the adjusting entry for December 3 1 , 2 0 2 2 . (
Current Attempt in Progress Prepare Swifty general journal entry to record the adjusting entry for December 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 account titles and enter for
the amounts. List debit entry before credit entry.
Account Titles and Explanation
Debit
Credit
Investment Income or Loss
eTextbook and Media
List of Accounts
Attempts: of used
b
Your answer is partially correct.
Prepare Swifty general journal entry to record the sale of the David Jones shares. 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 account titles and enter O for the
amounts. List all debit entries before credit entries.
Account Titles and Explanation
Credit
Investment Income or Loss Prepare Swifty general journal entry to record the purchase of the Oberto shares. 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 account titles and enter O for the
amounts. List all debit entries before credit entries.
Account Titles and Explanation
Debit
Credit
FVNI Investments
Investment Income or Loss
Cash
eTextbook and Media
List of Accounts
Attempts: of used
d
Prepare Swifty general journal entry to record the adjusting entry for December 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 account titles and enter O for
the amounts. List debit entry before credit entry.
Account Titles and Explanation
Debit
Credit
Investment Income or Loss
Swifty Corporation, a Canadianbased international company that follows IFRS, has the following securities in its portfolio of
investments acquired for trading purposes and accounted for using the FVNI method on December :
In Swifty completed the following securities transactions:
Mar. Sold the common shares of David Jones at $ per share, less fees of $
Apr. Bought common shares of Oberto Ltd at $ per share, plus fees of $
Swifty's portfolio of trading securities appeared as follows on December :
Assume that the company does not recognize and report dividends and other compoments of investment gains and losses separatley. ONLY GIVE ME THE RIGHT AMOUNTS FOR d IN THE QUESTION PLZ
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