Yesar 1 J.ly 22. A cash dividend of 30:50 pet thare was recelved en the Malne stock: Dec. Received a regular cath dirisend of so, a ber thare on Malme the, stept. Tear 7 16. Mequiresi bece 16 e investments account in making the adjustment for the increase in fair for available-for-sale investments account in making the ad Required: 1. Journalize the entries to record the preceding transactions. For a compound transaction, if an amour 31 ear2 San.25. July 16. Dec, 16 Check My Work All work saved. Date Description Year 1 Jan. 18. july 22. Oct. 5. Dec. 18, Dec. 31 Check My Work July 22. oct. 5. Dec. 18. Dec. 31 Check My Work Dec. 18. Dec. 31 Cash Investments-Malmo Ino. Retained Earnings Unrealized Gain (Loss) on Available-for-Sale Investments Valuation Allowance for Available-for-Sale Investments July 16 , Dec. 16. Check My Work Dec. 31 Year 2 Jan. 25. July 16. Dec. 16. Dec. 31-Dividends Year 2 Jan. 25. July 16. Dec. 16. Dec. 31-Dividends Dec. 31-Income Dec. 31-Valuation Check My Work 2. Prepare the investment-related asset and stockholders' equity balance sheet presentation for 2. Prepare the investment-related asset and stockholders' equity balance sheet presentation for Glacie Dec. 31-Dividends Dec. 31-income Dec, 31-Valuation 2. Prepare the investment-related Glacier products, tinc: Balance Sheet (selected items) Dexcomiligrigh, Yearis Check My Work DeEt. 31-income Dec. 31-ydudesn 2. Prepare the investment-related asset and stockholders' equity balance sheet prese, Gladier Products, Inc. Balance Sheet (selected items) December 31 , year 2 Current Assets: Less Unrealized Gain (Loss) on Available-for-Sale Investments Less Valuation Allowance for Available-for-Sale Investments Invplus Unrealized Gain (Loss) on Available-for-Sale Investments Plus Valuation Allowance for Available-for-Sale Investments Stockholders' Equity: Check My Work Glacier Products, Inc. Balance Sheet (selected items) December 31 , Year 2 Current Assets: InyAvailable-For-Sale Investments (at Cost) Available-for-sale Investments (at Fair Value) Trading Investments (at cost) Unrealized Gain (Loss) on Available-for-Sale Investments stevaluation Allowance for Available-for-Sale Investments Check My Work December 31, Year 2 Current Assets: Investments: Current Assets: Investments: Stockholders' Equity: Available-For-Sale Investments (at cost) investment in Helsi Co. Stock Retained Earnings Trading Investments (at Cost) valuation Allowance for Available-for-sale Investments Check My Work Investments: Stockholders' Equity: Available-for-Sale investments (at Fair Market Value) Investment in Helsi C0. Stock Trading Investments (at cost) Chesunrealized Gain (Loss) on Available-for-Sale Investments Ivaluation Allowance for Available-for-Sale Investments Yesar 1 J.ly 22. A cash dividend of 30:50 pet thare was recelved en the Malne stock: Dec. Received a regular cath dirisend of so, a ber thare on Malme the, stept. Tear 7 16. Mequiresi bece 16 e investments account in making the adjustment for the increase in fair for available-for-sale investments account in making the ad Required: 1. Journalize the entries to record the preceding transactions. For a compound transaction, if an amour 31 ear2 San.25. July 16. Dec, 16 Check My Work All work saved. Date Description Year 1 Jan. 18. july 22. Oct. 5. Dec. 18, Dec. 31 Check My Work July 22. oct. 5. Dec. 18. Dec. 31 Check My Work Dec. 18. Dec. 31 Cash Investments-Malmo Ino. Retained Earnings Unrealized Gain (Loss) on Available-for-Sale Investments Valuation Allowance for Available-for-Sale Investments July 16 , Dec. 16. Check My Work Dec. 31 Year 2 Jan. 25. July 16. Dec. 16. Dec. 31-Dividends Year 2 Jan. 25. July 16. Dec. 16. Dec. 31-Dividends Dec. 31-Income Dec. 31-Valuation Check My Work 2. Prepare the investment-related asset and stockholders' equity balance sheet presentation for 2. Prepare the investment-related asset and stockholders' equity balance sheet presentation for Glacie Dec. 31-Dividends Dec. 31-income Dec, 31-Valuation 2. Prepare the investment-related Glacier products, tinc: Balance Sheet (selected items) Dexcomiligrigh, Yearis Check My Work DeEt. 31-income Dec. 31-ydudesn 2. Prepare the investment-related asset and stockholders' equity balance sheet prese, Gladier Products, Inc. Balance Sheet (selected items) December 31 , year 2 Current Assets: Less Unrealized Gain (Loss) on Available-for-Sale Investments Less Valuation Allowance for Available-for-Sale Investments Invplus Unrealized Gain (Loss) on Available-for-Sale Investments Plus Valuation Allowance for Available-for-Sale Investments Stockholders' Equity: Check My Work Glacier Products, Inc. Balance Sheet (selected items) December 31 , Year 2 Current Assets: InyAvailable-For-Sale Investments (at Cost) Available-for-sale Investments (at Fair Value) Trading Investments (at cost) Unrealized Gain (Loss) on Available-for-Sale Investments stevaluation Allowance for Available-for-Sale Investments Check My Work December 31, Year 2 Current Assets: Investments: Current Assets: Investments: Stockholders' Equity: Available-For-Sale Investments (at cost) investment in Helsi Co. Stock Retained Earnings Trading Investments (at Cost) valuation Allowance for Available-for-sale Investments Check My Work Investments: Stockholders' Equity: Available-for-Sale investments (at Fair Market Value) Investment in Helsi C0. Stock Trading Investments (at cost) Chesunrealized Gain (Loss) on Available-for-Sale Investments Ivaluation Allowance for Available-for-Sale Investments
