shown below are selected transaction of gulf corp. during the month of december 2011.

Font lools fable Window Help 20160806084417122.doc [Compatibility Mode 116% Charts SmartArt Review Paragraph Styles Litidej | A. | 234678910 11 12 13 14 Normal Note Level 2 Heading 1 Heading 2 Dec. 1 Accepted a one-year, 8 percent note receivable from a customer, Glenn Holler. The note is in settlement of an existing $1,500 account receivable. The note, plus interest, is due in full on November 30,2012 Dec. 8 An account receivable from S.Willis in the amount of $700 is determined to be uncollectible and is written off against the Allowance for Doubtful Accounts Dec.15 Unexpectedly received $ 200 from F.Hill in full payment of her account. The $ 200 account receivable from Hill previously had been written off as uncollectible. Data for Adjusting Entries 1. An aging of accounts receivable indicates probable uncollectible accounts totaling $9,000. Doubtful Accounts had a credit balance of $5,210. Prior to the month-end adjustment, the Allowance for 2. Prior to any year-end adjustment, the balance in the Marketable Securitiies account was $ 213,800. At year-end, marketable securities owned had a cost of $ 198,000 and a market value of $210,000. Accrued interest revenue on the note receivable from Genn Holler dated December 1. 3. Instructions Prepare entries in general journal entry from for the December transactions. In adjusting the accounting records from the bank reconciliation, make record any increases in the Cash account and a separate entry to record any decreases Prepare the month-end adjustments indicated by the data for adjusting entries given above. What is the adjusted balance in the Unrealized Holding Gain (or Loss) on Investments account at December 31? Where in the financial statements does this account appear? a. b. c