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Please help me to fill in the correct answers for all pictures. Lafayette Co.'s long-term avallable-for-sale portfollo at the start of this year consists of
Please help me to fill in the correct answers for all pictures.
Lafayette Co.'s long-term avallable-for-sale portfollo at the start of this year consists of the following. Lafayette enters Into the following transactions Involving its avallable-for-sale debt securltles this year. January29July6November13December9Soldone-halfofthenotesofCompanyBfor$94,62.PurchasednotesofCompanyZfor$316,9.SoldallofthebondsofCompanyAfor$671,075. January 29 Sold one-half of the notes of Company B for $94,62. July 6 Purchased bonds of Company x for $129,20. November 13 Purchased notes of Company Z for $316, 00. December 9 Sold all of the bonds of Company A for $671,075. Falr values at December 31 are: B, $97,400;C,$733,000;X,$121,000; and Z,$327,000. For each transaction, indicate the change, if any, in total assets and total equity. If equity changes, indicate whether the cha reflected as a component of net income, or directly within the stockholders' equity portion of the balance sheet. Remember that t change in total assets must agree with the change in total equity. Enter negative amounts with minus sign. Lafayette Co.'s long-term avallable-for-sale portfollo at the start of this year consists of the following. Lafayette enters Into the following transactions Involving its avallable-for-sale debt securltles this year. January29July6November13December9Soldone-halfofthenotesofCompanyBfor$94,62.PurchasednotesofCompanyZfor$316,9.SoldallofthebondsofCompanyAfor$671,075. January 29 Sold one-half of the notes of Company B for $94,62. July 6 Purchased bonds of Company x for $129,20. November 13 Purchased notes of Company Z for $316, 00. December 9 Sold all of the bonds of Company A for $671,075. Falr values at December 31 are: B, $97,400;C,$733,000;X,$121,000; and Z,$327,000. For each transaction, indicate the change, if any, in total assets and total equity. If equity changes, indicate whether the cha reflected as a component of net income, or directly within the stockholders' equity portion of the balance sheet. Remember that t change in total assets must agree with the change in total equity. Enter negative amounts with minus signStep by Step Solution
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