pumal entres and provide nocissary infocmation to the nccountart preparing the franciar staterrents The Wellington Company The iccountant prepaning the financul statements has asked you to tirovide the fag yatye as of the end af the year for the investreants. Fresent the : information as it would be shown on the finenciel statedents Last yeas, The Welagton Conpany foported costs of \$68, ood in tradng iffwestinents and $82.000 in avaliable for sale irvestments. Reor to 150 journa entrios shown on that Wellngton Cornpany panel Assume that all investinents sold during thus year wote trading irvestmecits and that puchases diang the vear were new investriens. Investinents Financial Statements and Valuation investments Einancial Statements and Valuation Available-For-Sale Securities 2 Where on the bilance shoet to trading securtines a\&poar? 3. Whete in the financial statements do avaliable fer sale secuntes NOT appear? 4. Where are held th matisty frecuteses reported? Based on the joumat entries for thits year; doos the cornpany have any helt-to-naturity secunties? 5. Where are secunties haid tor stratedic roasom reported in the fransibl statamons when using the oquity melifod? Dased on the joumal entries for this year does He Wolngton Eompary bave any equily suoutins? 0. Which ot the dems below does not affect net income? chack as bit apopy The Wellington Company 1 Which item is lokely to be a toding security? Whe 2. How are broterage commission feet treased on stock sales vs wock purchases? They are dedueted from cash received er incfuded in the stock, cest 3. Based on these purnal entrics, what is the compary/s investmect in Sunset vesye bonds at the end of the year? 4. The joumal entry on Aug 27 most whely shows 5. As at investment, borids wh alwirs calegorirnd as nent of thase answer 6. What is ein carteariz invesment in Hrimes Corp at the ond of the yoar? Financial Statements and Valuation enthes Enfer al amourts as postire numbats if an amount bor does not requve an putoy, levee + blank pumal entres and provide nocissary infocmation to the nccountart preparing the franciar staterrents The Wellington Company The iccountant prepaning the financul statements has asked you to tirovide the fag yatye as of the end af the year for the investreants. Fresent the : information as it would be shown on the finenciel statedents Last yeas, The Welagton Conpany foported costs of \$68, ood in tradng iffwestinents and $82.000 in avaliable for sale irvestments. Reor to 150 journa entrios shown on that Wellngton Cornpany panel Assume that all investinents sold during thus year wote trading irvestmecits and that puchases diang the vear were new investriens. Investinents Financial Statements and Valuation investments Einancial Statements and Valuation Available-For-Sale Securities 2 Where on the bilance shoet to trading securtines a\&poar? 3. Whete in the financial statements do avaliable fer sale secuntes NOT appear? 4. Where are held th matisty frecuteses reported? Based on the joumat entries for thits year; doos the cornpany have any helt-to-naturity secunties? 5. Where are secunties haid tor stratedic roasom reported in the fransibl statamons when using the oquity melifod? Dased on the joumal entries for this year does He Wolngton Eompary bave any equily suoutins? 0. Which ot the dems below does not affect net income? chack as bit apopy The Wellington Company 1 Which item is lokely to be a toding security? Whe 2. How are broterage commission feet treased on stock sales vs wock purchases? They are dedueted from cash received er incfuded in the stock, cest 3. Based on these purnal entrics, what is the compary/s investmect in Sunset vesye bonds at the end of the year? 4. The joumal entry on Aug 27 most whely shows 5. As at investment, borids wh alwirs calegorirnd as nent of thase answer 6. What is ein carteariz invesment in Hrimes Corp at the ond of the yoar? Financial Statements and Valuation enthes Enfer al amourts as postire numbats if an amount bor does not requve an putoy, levee + blank