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Required information Problem 15-3A (Algo) Debt investments in available-for-sale securities; unrealized and realized gains and losses LO P3 [The following information applies to the questions

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Required information Problem 15-3A (Algo) Debt investments in available-for-sale securities; unrealized and realized gains and losses LO P3 [The following information applies to the questions displayed below] Stoll Company's long-term available-for-sale portfolio at the start of this year consists of the following. Stoll enters into the following transactions involving its available-for-sale debt securities this yeat. January 29 Sold one-half of the Coepany 5 notes for 878,000. July 6 Purchased Coepany x bonds for $123,600. November 13 Purchased Company z notes for $267,900. Decenber 9 Sold all of the Company A bonds for $516,390. Fair values at December 31 are B, $84,300,C,$604,800,X,$100,000; and Z, $288,000, Problem 15-3A (Algo) Part 1 and 2 Journal entry worksheet 5 Sold one-half of the notes Company B for $78,000. Note; Enter debits before credits. Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available-for-sale securities

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