E16-11

16 16 Investments Prepane adjusring entry to fied as trading securities are rexcord fair value, and indscaze statement preseniation E16-11 Data for investments in stock classif E16-10. Assume instead that the investments are classified as available-f instea and fair value. The securities are considered Th investment Instructions (a) Prepare the adjusting entry at December 31, 2017, to report the LO 3 (b) Show the statem ent presentation at December 31, 2017, after adjustment t fair E. Kretsinger, a member of the board of directors, does reporting of the unrealized gains or losses. Write a letter to Ms. Kretsingerand the reporting and the purposes that it serves 16 16 Investments Prepane adjusring entry to fied as trading securities are rexcord fair value, and indscaze statement preseniation E16-11 Data for investments in stock classif E16-10. Assume instead that the investments are classified as available-f instea and fair value. The securities are considered Th investment Instructions (a) Prepare the adjusting entry at December 31, 2017, to report the LO 3 (b) Show the statem ent presentation at December 31, 2017, after adjustment t fair E. Kretsinger, a member of the board of directors, does reporting of the unrealized gains or losses. Write a letter to Ms. Kretsingerand the reporting and the purposes that it serves