Please provide advice on the correct accounting treatment and journal entries under ASPE ABC Success has resulted in substantial profits and surplus cash During the year ended December 31 2019, the surplus cash was invested as follows Investment Acquisition Date Cost of Acquisition Fairvalue Governement of Canada Bond May 1 2019 200,000 $220,000 Common Shares of AESL July 2 2019 50,000 unknown Common Shares of BII September 16 100,000 $150,000 The government of Canada bonds were acquired at Face value and mature April 30 2019 Due to recent decline in the market rate of interest, the fair value of the bonds has increased AESL is a private company that researches new energy sources intended to reduce reliance on fossil fuels Although the fair value of the shares is unknown, AESL CEO has commented that it is higher than the $50,000 cost, perhaps as high as $57,500, given the successful outcome of one of AESL projects BII is a publicly traded company that researches treatment options for diseases including cancer, heart disease and stroke These investments are considered to be temporary in nature and will be sold as cash as needed The investment acquisition has been accounted for at cost Im not sure what the subsequent measurement should be Please advise what additional journal entries need to be made for these investments

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Please provide advice on the correct accounting treatment and journal entries under ASPE ABC Success has resulted in substantial profits and surplus cash. During the

Please provide advice on the correct accounting treatment and journal entries under ASPE

ABC Success has resulted in substantial profits and surplus cash. During the year ended December 31 2019, the surplus cash was invested as follows.

Investment	Acquisition Date	Cost of Acquisition	Fairvalue
Governement of Canada Bond	May 1 2019	200,000	$220,000
Common Shares of AESL	July 2 2019	50,000	unknown
Common Shares of BII	September 16	100,000	$150,000

The government of Canada bonds were acquired at Face value and mature April 30 2019

Due to recent decline in the market rate of interest, the fair value of the bonds has increased

AESL is a private company that researches new energy sources intended to reduce reliance on fossil fuels. Although the fair value of the shares is unknown, AESL CEO has commented that it is higher than the $50,000 cost, perhaps as high as $57,500, given the successful outcome of one of AESL projects

BII is a publicly traded company that researches treatment options for diseases including cancer, heart disease and stroke

These investments are considered to be temporary in nature and will be sold as cash as needed

The investment acquisition has been accounted for at cost. Im not sure what the subsequent measurement should be. Please advise what additional journal entries need to be made for these investments.