Vour acower ispartially correct. Compute the unrealized eains or losses (Enter nesutive amounts using either a negotive sign preceding the number eg. 45 or parenthecei es. (45). Round answers to 0 decimal plocet, est 1,225] Unrevized Prepare the adjustine entry for Sage on December 31. 2025. (List debit entry before credt entry Credit account titier are automatically indented when amount is entered. Do not indent manually. If no entry as required, select "No Entry" for the account bitles and enter Ofor the amounts fasund anowers to O decimal places, es, 1.225. 5age Corporation made the following cash purchases of securities during 2025, which is the first vear in which Sage invested in secarities 1. On danuary 15, purchased 9,400 shares of Sanchez Company's common stock at $33.50 per share plus commission $1.864. 2. On Azril 1, purchased 4,700 shares of Vicario Co's common stock at $52.00 per share plus commission $3,165. 3. On September 10, purchased 6.580 shares of WTA Co.'s preferred stock at $26.50 per share plus commission $4.614. On May 20, 2025, Sage sold 3,384 shares ot Sanchez Company's commonstock at a market price of $35 per share less brokeroge cocmissions, taxes, and fees of $3,619. The year-end fair values per share were Sanchez $30, Vicario $55, and WTA $28. In addition, the chief accountant of Sage told you that the corporation plans to hold these securities for the long-term but may sell them in order to earn profits from appreciation in prices. The equity method of accounting is not appropriate for these stock purchases. (a) Vour acower ispartially correct. Compute the unrealized eains or losses (Enter nesutive amounts using either a negotive sign preceding the number eg. 45 or parenthecei es. (45). Round answers to 0 decimal plocet, est 1,225] Unrevized Prepare the adjustine entry for Sage on December 31. 2025. (List debit entry before credt entry Credit account titier are automatically indented when amount is entered. Do not indent manually. If no entry as required, select "No Entry" for the account bitles and enter Ofor the amounts fasund anowers to O decimal places, es, 1.225. 5age Corporation made the following cash purchases of securities during 2025, which is the first vear in which Sage invested in secarities 1. On danuary 15, purchased 9,400 shares of Sanchez Company's common stock at $33.50 per share plus commission $1.864. 2. On Azril 1, purchased 4,700 shares of Vicario Co's common stock at $52.00 per share plus commission $3,165. 3. On September 10, purchased 6.580 shares of WTA Co.'s preferred stock at $26.50 per share plus commission $4.614. On May 20, 2025, Sage sold 3,384 shares ot Sanchez Company's commonstock at a market price of $35 per share less brokeroge cocmissions, taxes, and fees of $3,619. The year-end fair values per share were Sanchez $30, Vicario $55, and WTA $28. In addition, the chief accountant of Sage told you that the corporation plans to hold these securities for the long-term but may sell them in order to earn profits from appreciation in prices. The equity method of accounting is not appropriate for these stock purchases. (a)
