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I need help with this question Assume ihat for several years Fister kinks Products has held Microsof bonds. consicered by the conpany to be securities
I need help with this question
Assume ihat for several years Fister kinks Products has held Microsof bonds. consicered by the conpany to be securities ovobjubhe. No 5700000 . Af the end of 2025 , their fair value was $837.500 and thein amortizesc cost was $710.000 At wast amount will the investment be reported in the December 31.2025, balance sheet? What ad usting entry s reculed to accompish this obiective lignore intereat? Complete this question by entering your answers in the tabs below. A2 what amount will the investment be reportad in the December 31,2025 , balance theot? Adume har for several years Fister Linis Products has heid Microsoft bonds, considered by the company to be securities avali apie. for tale The bonds were accuired at a cost of $690.000. At the end of 2024 , the fair vaiue was $838.000 and theil amerthed cost Was 5700.000 At the end of 2025 . the ir fair value was $837.500 and the amorized cost vas $710.000 A. Winat anouat wil the investment be reported in the December 31, 2025. balance cheet? What ad usting enty is reculeed to asccmp stimis objective (gnore interest)? Complete this question by entering your answers in the tabs betow. What ajpeting eotry is required to accomplish this objective (is nere imenty Step by Step Solution
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