SECURITIES -Home Work On January 1, 2012 Jake Jakey purchased some Securities for $50,000. At December 31, 2012 and 2013, the securities were valued at $60,000 and $55,000 respectively. What are the entries to record purchase and values at the end of each year under each situation:- c. Trading Securities D. Available For Sale Securities E. Held to Maturity INVESTMENTS (COST METHOD) - Home Work On January 1, 2013 Will Willy purchase 15% of the shares of DEF Co for $300,000. At December 31, 2013 DEF Co. has earnings of $100,000 and paid dividends of $50,000. On the Books of Will Willy, Record the following entries:- b. January 1, 2013 b. December 31, 2013 c. Prepare a T Account to show the balance in the investment account at Dec. 31, 13 BONUS QUESTION 1.1 INVESTMENTS (EQUITY METHOD ome Work On January 1, 2013 Yard Yardy purchase 25% of the shares of DEF Co for $300,000. At December 31, 2013 DEF Co. has earnings of $100,000 and paid dividends of $50,000. On the Books of Yard Yardy, Record the following entries:- January 1, 2013 b. December 31, 2013c. Prepare a T Account to show the balance in the investment account at Dec. 31, 13 a