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Securities ABC, GHI, and JKL were purchased at par. Security ABC was purchased during 2 0 1 7 and all Available - for - sale

Securities ABC, GHI, and JKL were purchased at par. Security ABC was purchased during 2017 and all
Available -for- sale and equity securities were purchased during 2016. All of the AFS security GHI was
sold in 2017.
a) Fill in the blanks below that reflect balance sheet presentation of Fox Inc. as of 12/31/2017
Investment in ABC security:
Investment in GHI security:
Investment in JKL security:
Investment in DEF security:
b) Prepare the journal entries for Fox Inc. during fiscal year ended on 12/31/2017(purchase ABC security and sale of GHI security).
c) Prepare any adjusting journal entries on 12/31/2017.
d) Complete the following items for Fox, Inc. Indicate any debit balances or losses with parentheses.
12/31/2016 Accumulated Other Comprehensive Income ______________________
2017 Other Comprehensive Income ____________________
12/31/2017 Accumulated Other Comprehensive Income ______________________________
2017 Realized and Unrealized holding gains or losses reported in Net Income ____________________
Comprehensive Income ____________________
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