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In its 2021 annual report to shareholders, Kirby Inc. Included the following disclosure regarding its available-for-sale Investments in securities: In thousands Accumulated other comprehensive income
In its 2021 annual report to shareholders, Kirby Inc. Included the following disclosure regarding its available-for-sale Investments in securities: In thousands Accumulated other comprehensive income Gain (loss) on investments (unrealized): Balance at beginning of year Gain (loss) on investments for the year Loss recognized in NI Balance at end of year Required: 2021 December 31 2020 2019 $(7,549) $(6,870) $1,517 $(3,572) $ (679) $11,121 $1,517 $(7,549) Prepare the Journal entry (in thousands) that Kirby made at the end of 2021 to record unrealized holding gains arising during the year. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the unrealized holding gain arising during the year 2021. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general Journal > Prev 1 of 19 Next >
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