Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

El 31 de diciembre del ao 3, Ott Co. tena inversiones en valores de capital negociables de la siguiente manera: Costo Valor razonable hombre co.

El 31 de diciembre del ao 3, Ott Co. tena inversiones en valores de capital negociables de la siguiente manera:

Costo Valor razonable
hombre co. $10,000 $8,000
Kemo, Inc. 9,000 11,000
Corporacin Fenn. 11,000 9,000

La propiedad de cada valor representa menos del 20% de las acciones en circulacin. Qu montos, relacionados con estas inversiones, informara Ott en su balance y estado de resultados de fin de ao?

Hoja de balance Estado de resultados

A.

$28,000 Prdida realizada de $ 2,000

B.

$28,000 Prdida no realizada de $ 2,000

C.

$30,000 Prdida realizada de $ 2,000

D.

$30,000 $0 de ganancia o prdida

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting An Integrated Statements Approach

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

2nd Edition

324312113, 978-0324312119

More Books

Students also viewed these Accounting questions