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The beginning balance sheet of Gutierrez Corporation included the following: Long-Term Investment in OBD Software (equity-method investment)....$ Gutierrez completed the following investment transactions during
The beginning balance sheet of Gutierrez Corporation included the following: Long-Term Investment in OBD Software (equity-method investment)....$ Gutierrez completed the following investment transactions during the year 2020: (Click the icon to view list of transactions.) 612,000 At year-end, the fair values of Gutierrez's investments are ATI, $26,275, and OBD, $694,000. The company reports any changes in fair value through other comprehensive income. Cequirement Journal Entry Date Accounts Debit Credit Mar 16
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