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Ruestion 5 17 points) Easton Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2018, Easton Company acquired the following trading
Ruestion 5 17 points) Easton Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2018, Easton Company acquired the following trading securities: Date Company # of Price per Shares Share 8/15 X Company 1,500 $48 9/25 Y Company 1,250 30 9/30 Z Company 1,000 22 On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12 per share. The following were the year- end market values: Company FMV per Share X Company $51 Y Company 15 z Company 21 What the total dollar values that Easton Company should record for the Unrealized Gain or (Loss) on Trading Securities for 2018? Enter a Loss as a negative number. Your
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