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I System Announcements UL Etion by Kimmel, Weygandt, Kieso, Trenholm, Irvine, and Burnley ECES Feb. 1 1 Problem 12-2A (Part Level Submission) During 2018, Pembina

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I System Announcements UL Etion by Kimmel, Weygandt, Kieso, Trenholm, Irvine, and Burnley ECES Feb. 1 1 Problem 12-2A (Part Level Submission) During 2018, Pembina Financial Corporation had the following held for trading invent transactions: Purchased 660 CBF common shares for $38,280. Mar. Purchased 770 RSD common shares for $20,790 Apr. 1 Purchased 7% MRT bonds at face value, for $63,000. Interest is received semi-annually on April 1 and October 1. July Received a cash dividend of $3 per share on the CBF common shares. Aug. Sold 210 CBF common shares at $56 per share. Sept. Received a cash dividend of $1.60 per share on the RSD common shares. Oct. Received the semi-annual interest on the MRT bonds. Sold the MRT bonds for $65,200. Dec. 31 The market prices of the CBF and RSD common shares were $53 and $28 per share, respectively. 1 1 1 1 (a) tudy, Your answer is correct. Record the above transactions, including any required adjusting entries, using the fair value through profit or loss model. (Credit account titles are autom. the amount is entered. Do not indent manually. Record entries in the order presented in the question. Round answers to decimal places, required, select "No Entry for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation 38280 Feb1 Held for Trading Investments I System Announcements UL Etion by Kimmel, Weygandt, Kieso, Trenholm, Irvine, and Burnley ECES Feb. 1 1 Problem 12-2A (Part Level Submission) During 2018, Pembina Financial Corporation had the following held for trading invent transactions: Purchased 660 CBF common shares for $38,280. Mar. Purchased 770 RSD common shares for $20,790 Apr. 1 Purchased 7% MRT bonds at face value, for $63,000. Interest is received semi-annually on April 1 and October 1. July Received a cash dividend of $3 per share on the CBF common shares. Aug. Sold 210 CBF common shares at $56 per share. Sept. Received a cash dividend of $1.60 per share on the RSD common shares. Oct. Received the semi-annual interest on the MRT bonds. Sold the MRT bonds for $65,200. Dec. 31 The market prices of the CBF and RSD common shares were $53 and $28 per share, respectively. 1 1 1 1 (a) tudy, Your answer is correct. Record the above transactions, including any required adjusting entries, using the fair value through profit or loss model. (Credit account titles are autom. the amount is entered. Do not indent manually. Record entries in the order presented in the question. Round answers to decimal places, required, select "No Entry for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation 38280 Feb1 Held for Trading Investments

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