Question
Paddy's Pub owns 4,000 shares of ford motor company which they paid $14 per share for on March 2011. On dec. 31 2011 (the day
Paddy's Pub owns 4,000 shares of ford motor company which they paid $14 per share for on March 2011. On dec. 31 2011 (the day Paddy's closes their period for 2011) Ford Motor company shares had a closing price of $18 per share. On February 3, 2012, Paddy's Pub sold their shares of Ford Motor Company for $28 share. Prepare a journal entry to record Paddy's sale of the Ford Motor Company on 2/3/2012. Assume this investment is treated as trading securities
Im having trouble figuring out where to start, and im lost. Can anyone help please?
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Culture Audit In Financial Services Reporting On Behaviour To Conduct Regulators
Authors: Dr Roger Miles
1st Edition
1789667755, 978-1789667752
