solve thr part c and d and e
Indicate what accounts and amounts would be reported on the statement of comprehensive incorne for the year ended Decembera1. 2008. and whe Wing either a nequthesign preceding the number es.-2,945 or parentheseres, (2,945t) Prepare the presentation of all investment related accounts on the statement of financial positionat December 31, 2023. Assume A06t at December 31, 2022 is nill either a negotive sign preceding the number eg. 2,945 or parentheses es. (2,945), \$1,400 was received from Burnham in June. At Decermber 31, 2024, the fair values of Bumbarm and Chi thares were $155.300 and $73.000 repeectivel3. (a) Youranswer is correct. Prepare the entry to adjust the portfolio of irvestments to fair value at December 31, 2023. (Credit account tiles are autamationlin inderted hhen the amsunt is entered De net lis required, select "No Entry" for the account titles and enter 0 for the amounts List debit entry before credit entryt Current Attempt in Progress At December 31, 2023, the equity investments of Pronghorn inc that were accounted for using the FV-OCl model without recyding Were as follom: Because of a change in relationship with Ahn. Pronghorn sold its investment in Ahn for 5152.100 on January 20.2024 . No other investments were acquired or sold $1,400 was received from Burnham in June, At December 31,2024 , the fair values of Burnham and Chishares were $155,300 and $73,000, respectively. (d) The parts of this question must be completed in order, This part will te available when you complete the part above. (e) The parts of this question must be completed in order, This part will be available when you complete the part above. Indicate what accounts and amounts would be reported on the statement of comprehensive incorne for the year ended Decembera1. 2008. and whe Wing either a nequthesign preceding the number es.-2,945 or parentheseres, (2,945t) Prepare the presentation of all investment related accounts on the statement of financial positionat December 31, 2023. Assume A06t at December 31, 2022 is nill either a negotive sign preceding the number eg. 2,945 or parentheses es. (2,945), \$1,400 was received from Burnham in June. At Decermber 31, 2024, the fair values of Bumbarm and Chi thares were $155.300 and $73.000 repeectivel3. (a) Youranswer is correct. Prepare the entry to adjust the portfolio of irvestments to fair value at December 31, 2023. (Credit account tiles are autamationlin inderted hhen the amsunt is entered De net lis required, select "No Entry" for the account titles and enter 0 for the amounts List debit entry before credit entryt Current Attempt in Progress At December 31, 2023, the equity investments of Pronghorn inc that were accounted for using the FV-OCl model without recyding Were as follom: Because of a change in relationship with Ahn. Pronghorn sold its investment in Ahn for 5152.100 on January 20.2024 . No other investments were acquired or sold $1,400 was received from Burnham in June, At December 31,2024 , the fair values of Burnham and Chishares were $155,300 and $73,000, respectively. (d) The parts of this question must be completed in order, This part will te available when you complete the part above. (e) The parts of this question must be completed in order, This part will be available when you complete the part above
