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Hi im having issues figuring out this question and would like help with it so that I can understand it better. Thanks in advance Corded

Hi im having issues figuring out this question and would like help with it so that I can understand it better. Thanks in advance

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Corded Industries Ltd., a public company, reported the following on its November 30, 2020, balance sheet. Investments at fair value through other comprehensive income Cedarshakes Lid. (10,000 shares) $136,000 Investments at fair value through profit or loss Johnny's Bakery Ltd. (14,000 shares) 18,000 Sally's Tea Ltd., $50,000 par value, 10% bonds, due December 31, 2023 (originally purchased at par) 54,000 Investments at amortized cost 120-day treasury bill 20,000 Investment in associate, Diane's Cosmetics Inc. (35,000 shares) (accounted for using the equity method) 425,000 The following transactions took place during 2021: 1. Dividends were received from Cedarshakes Ltd. 2. Interest was received on the treasury bill. 3. The treasury bill was cashed with no additional interest received. 4. Interest was received on the Sally's Tea bonds. 5. Dividends were received from Johnny's Bakery Ltd. 6. Dividends were received from Diane's Cosmetics. 7. Sold 7,000 common shares of Johnny's Bakery at a gain. 8. Sold 3,000 common shares of Cedarshakes at a loss. 9. Received the financial statements of Diane's Cosmetics reporting a profit for the year. 10. Received the financial statements for Cedarshakes Ltd. reporting a loss for the year. 11. The fair value of the remaining Cedarshakes shares was greater than the carrying amount at year end. 12. The fair value of the remaining shares of Johnny's Bakery was less than the carrying amount at year end. 13. The fair value of the Sally's Tea bonds was greater than the carrying amount at year end. 14. The fair value of Diane's Cosmetics was greater than the carrying amount at year end. Using the following table format, indicate whether each of the above transactions would result in an increase (+), a decrease (-), or no effect (NE) in each category. The first one has been done for you as an example.Statement of Comprehensive Balance Sheet Income Statement Income Other Revenues and Expenses and Comprehensive Assets Liabilities Shareholders' Equity Gains Losses Profit Income 1. NE + NE + NE 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14

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