15.2 #5 - e chegg Study G e 1 5.2 #3 | Cheggr e chegg Study | G? .. Cengage Cour

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15.2

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- e chegg Study G e 1 5.2 #3 | Cheggr e chegg Study | G? .. Cengage Course S CengageNOStart ? ? ? ? ? v2 cengagenow con intake ssignment takeAssignmen Main doi voker-assignments& takeAssignmentSessionLoca or-assignment t ? ? ? ? Ch 15-2 Practice Exercises eBook Show Mc How Calculator Print Item Valuing Available-for-Sale Securities at Fair Value 1. PE.15-01.ALGO On January 1, Valuation Allowance for Avallable-for-Sale Investments had a zero balance. On December 31, the cost of the avallable-for-sale securities was $67,500, and the fair value was $69,350 2, PE-15-02ALGO 3. PE.15-03.ALGO Prepare the adjusting entry to record the unrealized gain or loss on available-for-sale investments on December 31 Dec. 31 4. PE.15-04.ALGO 5. PE. 15-05.ALGO Check My Work 2 more Check My Work uses remaining. Previous Progress: 515 items Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 4:33 AM Type here to search /282018 2

Explanation / Answer

Date Particular Debit ($) Crebit ($) Dec 31 Valuation Allowance for Available -For Sale Investments 1,850 Unrealized Gain on Available -For Sale Investments [$69,350 - $67,500] 1,850

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