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Do answer all six in row.There is two parts of question so please do look carefully I only need solution for first pic however you
Do answer all six in row.There is two parts of question so please do look carefully I only need solution for first pic however you can look question and figure it out. b On what financial statement and in what section of that statement would each of the above accounts be reported. (6 all together) Fair Value Adjustment - TRADING B Unrealized gain - INCOME Unrealized loss - EQUITY Fair Value Adjustment - AVAILABLE FOR SALE Fair value adjustment - Stock Sheet1 Sheet2 Sheet3 Weaver Company has the following data at December 31, 2015 for its securities: Securities COST Debt Investments - Trading Debt Investments - Available for sale Stock Investments 90,000 74,000 80,000 FAIR VALUE 87,000 75,000 76,000
Do answer all six in row.There is two parts of question so please do look carefully I only need solution for first pic however you can look question and figure it out.
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