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PROBLEM SET A Carlville Company, which began operations in 2017, invests its idle cash in trading securitics lowing transactions are from its short-term investments in
PROBLEM SET A Carlville Company, which began operations in 2017, invests its idle cash in trading securitics lowing transactions are from its short-term investments in trading securities Problem 15-1A ecording transactions and 2017 ar value adjuntments for Jan. 20 Parchased 800 shares of Ford Motor Co. at $26 per share plus a $125 commission reding secures Feb. 9 Purchased 2,200 shares of Lucent at $44.25 per share plus a $578 commission Okt. 12 Purchased 750 shares of Z-Seven at $7.50 per share plus a $200 commission Dec. 31 Pair value of the short-term investments in trading securities is $130,000 2018 Ape. IS Sold 800 shares of Ford Motor Co at $29 per share less a $285 commission July 5 Sold 750 shares of Z-Seven at $10.25 per share less a $102.50 commission f be 1600 shares of Hunt Corp. at $.30 per share plus a $444 commission Ang 19 Purchased 1,800 shares of Donna Karan at $18.25 per share plus a $290 commission Dec. 31 Pair value of the short-term investments in trading securities is $160,000 3
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