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whatd I do wrong? Blossom, Inc. had the following equity investment portfolio at January 1, 2020. Evers Company 970 shares @ $16 each $15.520 Rogers
whatd I do wrong?
Blossom, Inc. had the following equity investment portfolio at January 1, 2020. Evers Company 970 shares @ $16 each $15.520 Rogers Company 890 shares @ $19 each 16,910 Chance Company 510 shares @ $9 each 4.590 Equity investments @ cost 37,020 Fair value adjustment (7.490) Equity investments @ fair value $29.530 During 2020. the following transactions took place. 1. On March 1, Rogers Company paid a 52 per share dividend. 2. On April 30, Blossom, Inc. sold 310 shares of Chance Company for $10 per share 3. On May 15. Blossom, Inc. purchased 90 more shares of Evers Company stock at $17 per share. At December 31, 2020. the stocks had the following price per share values: Evers $18 Rogers $18, and Chance $8. 4. During 2021, the following transactions took place. 5. On February 1 Blossom Inc sold the remaining Chance shares for 58 per share. 6. On March Rogers Company pada 52 pershare dividend. 7. On December 21. Evers Company declared a cash dividend of 53 per share to be paid in the next month. 8. At December 31, 2021 the stocks nad the following price pershare Values Evers 520 and Rogers $20. (1) Cash Dividend Revenue (2) Cash Gain on Sale of Investments Equity Investments (3) Equity Investments Cash AT DOKONAL TE TERMINE Fair Value Adjustment Unrealized Holding Gain or Loss -Income (5 Cash 1600 Loss on Sale of investments Edity investments 16 Cash Dividend Revenue Dvideno Receivable Der Recent 8 Faute Une edecer
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