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PLEASE PUT CORRECT NAME. ITS NOT SHORT TERM, LONG TERM Required information The following information applies to the questions displayed below) Kitty Company began operations

PLEASE PUT CORRECT NAME. ITS NOT "SHORT TERM", "LONG TERM"
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Required information The following information applies to the questions displayed below) Kitty Company began operations in the current year and acquired short-term debt investments in trading securities. The year-end cost and fair values for its portfolio of these debt investments follow, Trading Securities $ 18,000 $ 13,500 Nike Bonds Cost Fair Value Tesla Bonds Ford Bonds 28,000 7,000 29,400 5,600 (1) After the fair value adjustment is made prepare the assets section of Kitty Company's December 31 classified balance sheet (2) In which income statement section is the unrealized gain for loss) on the portfolio of trading securities reported? Complete this question by entering your answers in the tabs below. Required 1 Required 2 After the fair value adjustment is made, prepare the sets section of Kitty Company's December 11 cassified balance sheet (Amounts to be deducted should be indicated with a minussion) (1) After the fair value adjustment is made, prepare the assets section of Kitty Company's December 31 classified balance sheet (2) In which income statement section is the unrealized gain (or loss) on the portfolio of trading securities reported? Complete this question by entering your answers in the tabs below. Required 1 Required 2 After the fair value adjustment is made, prepare the assets section of Kitty Company's December 31 classified balance sheet. (Amounts to be deducted should be indicated with a minus sign.) KITTY COMPANY Assets Section of Balance Sheet December 31 Assets (Current assets $ 13,500 29,400 $ 48,5001 Required 2 > After the fair value adjustment is made, prepare the assets sect (Amounts to be deducted should be indicated with a minus sign. KITTY COMPANY Assets Section of Balance Sheet December 31 Assets Current assets CA $ 13,500 29,400 $ Debt investments-Available-for-sale (at cost) Debt investments-HTM (at cost) Debt investments-Trading (at cost) Equity investments (at cost) 29, Debt investments-Available-for-sale (at cost) Debt investments-HTM (at cost) Debt investments-Trading (at cost) Equity investments (at cost) Stock investments (at cost) TVCyuncu 1 reyuncuz After the fair value adjustment is made, prepare the assets section of Kitty Compan (Amounts to be deducted should be indicated with a minus sign.) KITTY COMPANY Assets Section of Balance Sheet December 31 Assets Current assets $ 13,500 29,400 $ 48,500 uired 1 Required 2 > Fair value adjustment-Stock investments Fair value adjustment-Equity investments Fair value adjustment-HTM Fair value adjustment-Trading After the fair value adjustment is made, prepare the assets section of (Amounts to be deducted should be indicated with a minus sign.) KITTY COMPANY Assets Section of Balance Sheet December 31 Assets Current assets $ 13,500 29,400 $ 48,5 Req. Debt investments-Available-for-sale (fair value) Debt investments-HTM (fair value) Debt investments-Trading (fair value) Equity investments (fair value)

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