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PRINTER VERSION BACK Carrying Amount Investments Moonstar Corp. shares Bilby Corp. shares Radius Ltd. shares $19,000 9,500 19,400 $47,900 Fair Value $18,400 8,700 20,000 $47,100

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PRINTER VERSION BACK Carrying Amount Investments Moonstar Corp. shares Bilby Corp. shares Radius Ltd. shares $19,000 9,500 19,400 $47,900 Fair Value $18,400 8,700 20,000 $47,100 Total portfolio During 2017, the Bilby Corp. shares were sold for $9,000. The fair values of the securities on December 31, 2017, were as follows: Moonstar Corp. shares $19,500 and Radius Ltd shares $20,500. Dividends and other investment income and losses are all reported in one investment income account. Prepare the adjusting journal entry needed on December 31, 2016. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Account Titles and Explanation cu. 00 W Account Titles and Explanation Debit Credit ho SHOW UIST OF ACCOUNTS LINK TO TEXT Prepare the adjusting journal entry needed on December 31, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Account Titles and Explanation

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