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please solve all according go the form Smoke, Inc., a calendar year corporation, had the attached transactions in debt and equity securities during 204. REQUIRED:

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Smoke, Inc., a calendar year corporation, had the attached transactions in debt and equity securities during 204. REQUIRED: ( 1 ) (2) Using the attached forms, prepare all general journal entries, in proper form, required for Smoke, Inc.'s investments for 20X4. Be sure to show all appropriate computations. Using the attached forms, indicate the amounts and description of those amounts that would be shown on Smoke's income statement and balance sheet for the year ending December 31, 204. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{\begin{tabular}{l} SMOKE, INC. \\ LIST OF SECURITIES PURCHASED ON JANUARY 1, 20X4 \end{tabular}} \\ \hline Trading Securities & & & \\ \hline Security & Quantity & Unit Price & Broker's Fees \\ \hline Timidity Co, Common Stock (shares) & 10.000 & 48.00 & 2% \\ \hline Timidity Co. Common Stock Warrants & 5.000 & 12.00 & None \\ \hline Timidity Co. 8% Convertible Preferred Stock, $50 par value & 10,000 & 55.00 & 1% \\ \hline \multicolumn{4}{|l|}{ Available For Sale Securities } \\ \hline Security & Quantity & Unit Price & Broker's Fees \\ \hline Alpha, Inc, Common Stock (shares) & 5.000 & 8.00 & \multirow[b]{2}{*}{ None } \\ \hline \begin{tabular}{l} Alpha, Inc. Convertible Debenture Bonds, 8% coupon rate, mature on \\ 12/31/X8, pay interest semiannually on 6/30 and 12/31 (each bond has a \\ $1,000 face value) \end{tabular} & 100 & 99 & \\ \hline Amtek, Inc. Common Stock (shares) & 600,000 & 1.00 & 300 \\ \hline Geneswitch, Inc. Common Stock (shares) & 200,000 & 3.00 & 250 \\ \hline \multicolumn{4}{|c|}{ Held To Maturity Securities } \\ \hline Security & Quantity & Unit Price & Broker's Fees \\ \hline \begin{tabular}{l} Risky Business, Inc. Debenture Bonds, 10% coupon rate, mature on 12/31/Y3, \\ pay interest annually on 10/31 with a yield to maturity of 15%($1,000 face \\ value) \end{tabular} & 200 & \begin{tabular}{r} 74.9 plus \\ accrued \\ interest \end{tabular} & None \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \multicolumn{2}{|r|}{\begin{tabular}{l} DETAIL INFORMATION RELATING TO SECURITIES INVESTMENTS \\ FOR YEAR ENDING DECEMBER 31, 20X4 \end{tabular}} \\ \hline Date & Explanation \\ \hline Jan. & The securities listed above were purchased for cash and classified as indicated. \\ \hline Mar. & Received the semiannual dividend on the preferred shares of Timidity Co. \\ \hline Apr. & \begin{tabular}{l} Sold 5,000 common shares of Timidity Co. at $68 per share less a $150 broker \\ commission. \end{tabular} \\ \hline Jun. 30 & \begin{tabular}{l} Received the semiannual interest on the Alpha, Inc. bonds and recorded straight line \\ amortization of the discount or premium for the semiannual period. \end{tabular} \\ \hline Aug. 15 & \begin{tabular}{l} Changed intention regarding the 100,000 common shares of Geneswitch, Inc. and \\ reclassified them as Trading Securities when the shares were trading at \$2 each. \end{tabular} \\ \hline Sept. & Received the semiannual dividend on the Timidity Co. preferred shares. \\ \hline Oct. & \begin{tabular}{l} Received the annual interest on the Risky Business, Inc. bonds and recorded \\ amortization of the discount or premium using the effective interest method and the \\ yield to maturity rate. \end{tabular} \\ \hline Dec. 31 & \begin{tabular}{l} Received the semiannual interest on the Alpha, Inc. bonds and recorded the \\ appropriate amortization of discount or premium. \end{tabular} \\ \hline \multirow[t]{6}{*}{ Dec. 31} & \begin{tabular}{l} Recorded all appropriate adjusting entries for investments, using previous \\ information and the following end of the year market value information. \end{tabular} \\ \hline & \begin{tabular}{l} Timidity Co.--Common stock, $88 per share; warrants, $22 each; and \\ convertible preferred, $57 per share. \end{tabular} \\ \hline & Geneswitch, Inc.--Common stock, \$1 per share. \\ \hline & Alpha, Inc.--Common stock, \$7 per share; convertible bonds, 99.2. \\ \hline & Amtek, Inc.--Common stock, $3 per share. \\ \hline & Risky Business, Inc.--Bonds, 80.0 . \\ \hline \end{tabular} SMOKE, INC. ANALYSIS OF STOCK INVESTMENTS.-ORIGINAL COST SMOKE, INC. GENERAL JOURNAL FOR YEAR ENDING DECEMBER 31, 20X4 \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ CALCULATION OF FAIR VALUE ADJUSTMENT FOR INVESTMENTS } \\ AT DECEMBER 31, 20X4 \end{tabular}

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