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S8-1 (Learning Objective 2: Analyze and report an available-for-sale investment) Mail 4 You completed these long-term available-for-sale investment transactions during 2012: 2012 Apr 10 Purchased
S8-1
(Learning Objective 2: Analyze and report an available-for-sale investment) Mail 4 You completed these long-term available-for-sale investment transactions during 2012:
2012 | ||
---|---|---|
Apr | 10 | Purchased 600 shares of Tycon stock, paying $17 per share. Mail 4 You intends to hold the investment for the indefinite future. |
Jul | 22 | Received a cash dividend of $1.24 per share on the Tycon stock. |
Dec | 31 | Adjusted the Tycon investment to its current market value of $5,500. |
1. Journalize Mail 4 You
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