The Analysis of Bond Investments
Columbia Company began operations in 2016 and by year-end (December 31) had made six bond investments. Year-end information on these bond investments follows:
Question 4 Partially correct Mark 2.50 out of 4 P Flag question The Analysis of Bond Investments Columbia Company began operations in 2016 and by year-end (December 31) had made six bond investments. Year-end information on these bond investments follows: Company Face Value Cost or Amortized Cost Year-End Market Value Classification Ling, Inc $100,000 $102,400 75105,300 Trading Wren, Inc. $250,000 $262,500 $270,000 Trading Olanamic, Inc. $200.000 $197.000 $199,000 Available for sale Fossil, Inc $150,000 $154,000 $160,000 Available for sale Meander, Inc. $100,000 5101,200 $102,400 Held to maturity Resin, Inc. $140,000 $136,000 $137,000 Held to maturity a. At what total amount will the trading bond investments be reported on the December 31 balance sheet? $ 375,300 b. At what total amount will the available for sale bond investments be reported on the December 31 balance sheet? $ 359,000 c. At what total amount will the held-to-maturity bond investments be reported on the December 31 balance sheet? $ 237,200 d. What total amount of unrealized holding gains or unrealized holding losses related to bond investments will appear on the income statement? W a amuzi haldin MacBook Air $ 237,200 d. What total amount of unrealized holding gains or unrealized holding losses related to bond investments will appear on the income statement? Use a negative sign with your answer if amount is an unrealized holding loss. $ 0 e. What total amount of unrealized holding gains or unrealized holding losses related to bond investments will appear in the stockholders' equity section of the December 31 balande sheet? Use a negative sign with your answer if amount is an unrealized holding loss. $ 0 Hoddns f. What total amount of fair value adjustment to bond investments will appear on the December 31 balance sheet? Use a negative sign with your answer if amount is an unrealized holding loss Which category of bond investments does the fair value adjustment relate to? Available for sale Does the fair value adjustment increase or decrease the financial statement presentation of these bond investments? Increase Check MacBook Air