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Instructions The investments of Charger Inc. Include a single Investment: 11,730 shares of Raiders Inc. common stock purchased on February 24, 20Y1, for $38 por

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Instructions The investments of Charger Inc. Include a single Investment: 11,730 shares of Raiders Inc. common stock purchased on February 24, 20Y1, for $38 por share including brokerage commission. These shares were cantidas trading securities. As of the December 31, 2041, balance shoot date, the share price had increased to $45 por share, A. Journalize the entries to acquire the movestment on February 24, and record the custment to or winter on Decumber 31, 2071. Hetor to the Chart of Accounts for exact wording of account was B. How is the unrealized gain or fons for trading investments reported on the Party statements? Joumal A. Journalize the entries to acquire the investment on Funny 24, and rocord the action to fair value on December 31, 2011. Pofor to the Churt of Accounts for exact warding of account Milos. PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST, BET CREDIT ASSETS LUABILITIES EQUITY 1 2 3 Adjusting Entries Journal Final Question B. How is the unwalzed gain or loss for trading divestments reported on the ancial statements ? The unronized gain or unrealized ons for trading investments is disclosed in the determining not incomo, unroulized london and going would be for a separate om I significant). In in determining not income

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