Question
Exercise 17-10 At December 31, 2013, the available-for-sale equity portfolio for Steffi Graf, Inc. is as follows. Security Cost Fair Value Unrealized Gain (Loss) A
Exercise 17-10
At December 31, 2013, the available-for-sale equity portfolio for Steffi Graf, Inc. is as follows.
| Security | Cost | Fair Value | Unrealized Gain (Loss) | ||||
| A | $23,573 | $20,205 | $(3,368 | ) | |||
| B | 16,838 | 18,858 | 2,020 | ||||
| C | 30,981 | 34,349 | 3,368 | ||||
| Total | $71,392 | $73,412 | 2,020 | ||||
| Previous fair value adjustment balance | |||||||
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Wiley Federal Government Auditing Laws Regulations Standards And Practices
Authors: Edward F. Kearney, Roldan Fernandez, Jeffrey W. Green, David M. Zavada
2nd Edition
1118555856, 978-1118555859
