Question - What journal entries did Company D record in 2009 relative to their securities available for sale. Assume no taxes. Note that the line for Gain/Loss on Sale of Equipment and Other Assets on the Statement of Cash Flows includes more than just securities available for sale. Make sure it is clear what type of account you are using (e.g., asset, shareholder's equity, income statement)

CASH FLOW STATEMENT

Gian/Loss on sale - of equipment and other assets -1

FOOTNOTES

securities available for sale 209

beg year - 68

net realized gain transfer equity 32

disposals -4

acquistions 6

end of year 102

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

in their 2006 annual report, Company D disclosed the following: Business combinations On April 30, 2005, the Group completed the acquisition of company E's business. The estimated total consideration for acquiring the Business is $10,400 million, including cash and the Company's shares. Set forth below is a preliminary allocation of the purchase price ($ '000,000):

-purchase considerations

-cash 5,958

-fair value of shares issued 4,442

-total purchase considerations 10,400

The major components of identifiable assets and liabilities arising from the acquisition are as follows:

fair value company E's carrying value

-property, plant equipment 627 611

-brands 4,735 -

-liabilities (5,199) (5,220)

-------------------

-net identifiable assets acquired 163 (4,609)