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Prepare the presentation of all investmentrelated accounts on the statement of nancial position at December 31r 201?. Bramble Inc. Statement of Financial Position Exercise 0-14

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Prepare the presentation of all investmentrelated accounts on the statement of nancial position at December 31r 201?. Bramble Inc. Statement of Financial Position Exercise 0-14 At Deoember 31, 201?, the equity investments of Bramble Inc. that were accounted for using the FvDCI model I.vithout recvcling {application of IFRS 0] were as follows: Cost and Unrealized Inveshnent Carrying Amount Fair 1It'alue Gain [Loss] Ahn Inc. $210,200 $100,000 ${30,200} Burnham Corp. 145,000 100,?00 22,000 chi Ltd. 0?,000 00,000 3,000 mm W W W} Because 0fa change in relationship with Ahn Inc., Bramble Inc. sold its investment in hhn for $104,000 on January 20, 2010. No other investments were acquired or sold during 2010; however, a dividend of $1,600 was received from Bumham Corp. in June. At December 31, 2010, the fair values of Bumham and Chi shares were $104,500 and $0?,100, respectivelv. Prepare the entn,r to adjust the portfolio of investments to fair value at December 31, 201?. {Credit account titles are automatically indented when the amount is entered. Do not indent manuaiiy. If no entry is required, seiect "No Entry" for the account titles and enter 0' for the amounts.) Dale Account 11le and Explanation Dellit Eredit Dec. 31, 2013Ir Indicate what accounts and amounts Iwould be reported on the statement of comprehensive income for the year ended December 31, 2C Bramble Inc. Statement of Comprehensive Income Prepare the journal entries for the 2018 sale of the investment in Ahn Inc. and for the dividend received From Bumham Corp. [Credit amount is entered. Be not indent manuaiiy. If no entry is required, seiect "No Entry" for the account titles and' enter 0 fa Daze AnnultTlEaEnJlanaon Deli Credi Jan. 20, 2013 ll :| :| I: |:| |:| [To bring the investment to its fair value} I | E: [To records the proceeds on disposal] Jan. 20, 2013 || || || | | [To transfer the holding gainiloss for reclassication adjustment} % E: Prepare the journal entry required at December 31, EDIE, te adjust the inveetments to fair value. (C indent manually. If ne entryr {'5 required, Select "No Entnr" fer the eeenunt tfe5 and enter mrmmemanann Debi neat llggl lI

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