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Question 5 (7 points)d Alpha Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2017, Alpha Company acquired the following trading
Question 5 (7 points)d Alpha Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2017, Alpha Company acquired the following trading securities: of Price per Date Company 8/15 Yankee Company 9/25 X-ray Company 9/30 Zulu Company SharesShare 1500 $50 30 1,250 1,000 26 On November 10th, Alpha Company sold the X-ray Company stock for $31 per share. On December 15th, Zulu Company paid dividends of $0.12 per share. The following were the year-end market values: FMV per Share Company Yankee Company X-ray Company Zulu Company $60 15 20 What the total dollar values that Alpha Company should record for the following: (Enter whole dollars only, for loss amounts enter the $& value inside of the brackets.) 1. Realized Gain/Loss during 2017 2. Unrealized Gain/Loss on Trading Securities for 2017 3. Dividend Income
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