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On December 2 9 , 2 0 2 4 , Adams Apples purchased 2 , 6 0 0 shares of General Electric common stock for
On December Adams Apples purchased shares of General Electric common stock for $ per share. On December the market value of the stock increased to $ per share. On January all of the shares are sold for $ per share.
Record the initial investment, any fair value adjustment at the end of and the sale in
Note: If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
tableNoDate,,Debit,CredittableDecember Investments,,Cash,,tableDecember Investments,,Unrealized Holding GainNet Income,,January Cash,
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