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Wildhorse Ltd. made the following transactions: 1. Payment of a $150 invoice on account 2. Increase in the fair value of a Fair Value-Net Income
Wildhorse Ltd. made the following transactions: 1. Payment of a $150 invoice on account 2. Increase in the fair value of a Fair Value-Net Income Investment by $210 3. Sale on account for $110 4. Purchase of equipment paid for with $500 cash and a $1,055 note payable 5. Increase in the fair value of a Fair Value- OCI Investment by $150 6. Repayment of a $1,850 bank loan $ $ $ $ ^ ^ ^ ^ ^ ^ '9 ^ ^ ' 4. $ 5. $ $ 6. $ $ $ (b) 1. 2. $ $ $ 3. $ $ 4
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