Question
The following information is about Bob Company's available-for-sale securities Cost and face amount of the investment 113,000 Fair value on Dec. 31, 2020 111,900 Fair
The following information is about Bob Company's available-for-sale securities Cost and face amount of the investment 113,000 Fair value on Dec. 31, 2020 111,900 Fair value on Dec. 31, 2021. 117,400 Journalize the entry to record the adjustment to fair value on Dec. 31, 2021. Be sure to specify realized vs. unrealized NI vs.
OCI Date Account Debit Credit
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
