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Transactions for common stock and trading investments fiscal year ending on December 31: 20Y8 Feb. 14. Purchased 2,700 shares of Apollo Inc. common stock at
Transactions for common stock and trading investments fiscal year ending on December 31: 20Y8 Feb. 14. Purchased 2,700 shares of Apollo Inc. common stock at $39 per share plus a brokerage commission of $540. Apollo Inc. has 135,840 shares of common stock outstanding. Apr. 1. Purchased securities of Ares Inc. as a trading investment for $21,060. June 1. Sold 600 shares of Apollo Inc. for $40 per share less a $80 brokerage commission. June 27. Received an annual dividend of $0.11 per share on 2,100 shares of Apollo Inc. stock. Oct. 15. Sold the remaining shares of Apollo Inc. for $38 per share less a $26 brokerage commission. Dec. 31. The trading securities of Ares Inc. have a fair value on December 31 of $26,060. 20Y9 Mar. 14. Purchased securities of Athena Inc. as a trading investment for $55,380. July 30. Sold securities of Athena Inc. that cost $9,230 for $7,940. Dec. 31. The fair values of the Ares Inc. and Athena Inc. securities are as follows: 2. Prepare the Trading Investments section of the December 31,20Y9, balance sheet for Zeus Inc. 3. How are unrealized gains or losses on trading investments presented on the financial statements of Zeus Inc.? Unrealized gains or losses are reported in the often as Transactions for common stock and trading investments fiscal year ending on December 31: 20Y8 Feb. 14. Purchased 2,700 shares of Apollo Inc. common stock at $39 per share plus a brokerage commission of $540. Apollo Inc. has 135,840 shares of common stock outstanding. Apr. 1. Purchased securities of Ares Inc. as a trading investment for $21,060. June 1. Sold 600 shares of Apollo Inc. for $40 per share less a $80 brokerage commission. June 27. Received an annual dividend of $0.11 per share on 2,100 shares of Apollo Inc. stock. Oct. 15. Sold the remaining shares of Apollo Inc. for $38 per share less a $26 brokerage commission. Dec. 31. The trading securities of Ares Inc. have a fair value on December 31 of $26,060. 20Y9 Mar. 14. Purchased securities of Athena Inc. as a trading investment for $55,380. July 30. Sold securities of Athena Inc. that cost $9,230 for $7,940. Dec. 31. The fair values of the Ares Inc. and Athena Inc. securities are as follows: 2. Prepare the Trading Investments section of the December 31,20Y9, balance sheet for Zeus Inc. 3. How are unrealized gains or losses on trading investments presented on the financial statements of Zeus Inc.? Unrealized gains or losses are reported in the often as
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