Date

Account Titles and Explanation

Debit

Credit

choose a transaction date

Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31

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enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date

Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

Stock Investments

choose a transaction date

Jan. 1 Bal.July 1Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31Dec. 31 Bal.

enter a debit amount

choose a transaction date

Jan. 1 Bal.July 1Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31Dec. 31 Bal.

enter a credit amount

choose a transaction date

Jan. 1 Bal.July 1Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31Dec. 31 Bal.

enter a debit amount

choose a transaction date

Jan. 1 Bal.July 1Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31Dec. 31 Bal.

enter a credit amount

choose the end date of the accounting period

Jan. 1 Bal.July 1Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31Dec. 31 Bal.

enter a debit balance

choose the end date of the accounting period

Jan. 1 Bal.July 1Aug. 1Sept. 1Oct. 1Nov. 1Dec. 15Dec. 31Dec. 31 Bal.

enter a credit balance

SHOW LIST OF ACCOUNTS

LINK TO TEXT

LINK TO TEXT

Your answer is partially correct. Try again.

Prepare the adjusting entry at December 31, 2021, to show the securities at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

Dec. 31

enter an account title for the adjusting entry on December 31

enter a debit amount

enter a credit amount

enter an account title for the adjusting entry on December 31

enter a debit amount

enter a credit amount

SHOW LIST OF ACCOUNTS

LINK TO TEXT

LINK TO TEXT

Your answer is partially correct. Try again.

Show the balance sheet presentation of the investments at December 31, 2021. At this date, Sandhill Associates has common stock $1,408,000 and retained earnings $1,153,000. Sandhill Associates Balance Sheet (Partial) choose the accounting period

For the Quarter Ended December 31, 2021December 31, 2021For the Year Ended December 31, 2021

select an opening section name

Long-term LiabilitiesUnrealized Loss on Available-for-sale SecuritiesInvestment in Stock of Less Than 20% Owned Companies, at fair valueTotal Stockholders' EquityStockholders' EquityTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsInvestmentsIntangible AssetsCommon StockTotal Property, Plant and EquipmentProperty, Plant and EquipmentRetained EarningsTotal AssetsTotal Long-term LiabilitiesTotal Current AssetsCurrent AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Paid-in Capital and Retained EarningsCurrent Liabilities

select a balance sheet item

Total Long-term Liabilities Total Long-term Investments Long-term Liabilities Property, Plant and Equipment Total Current Liabilities Intangible Assets Unrealized Loss on Available-for-sale Securities Total Current Assets Retained Earnings Current Assets Current Liabilities Total Property, Plant and Equipment Stockholders' Equity Total Assets Total Intangible Assets Common Stock Investment in Stock of Less Than 20% Owned Companies, at fair value Total Liabilities Investments Total Liabilities and Stockholders' Equity Total Paid-in Capital and Retained Earnings Total Stockholders' Equity

$enter a dollar amount