ch13 - Chapter 13 Investment in Securities E 13-5...

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Chapter 13 Investment in Securities E 13-5 Accounting for Trading and Available-for-Sale Securities I added one more event to the list: T6 On Feb.15, 2008, Uffen sold all the shares at $80/share. For trading securities . Cash Marketable Securities MS adjustment Other Owners’ Equity Dividend Revenue Unrealized Gains/Losses Realized Gains/Losses T1 - 67,20 0 67,200 T2 3,600 3,600 T3 -6,400 -6,400 T4 3,680 3,680 T5 2,400 2,400 T6 64,00 0 -67,200 4,000 800 For available-for-sale. Cash Marketable Securities MS adjustment Other Owners’ Equity Dividend Revenue Unrealized Gains/Losses Realized Gains/Losses T1 - 67,20 0 67,200 T2 3,600 3,600 T3 -6,400 -6,400 T4 3,680 3,680 T5 2,400 2,400 64,00 0 -67,200 4,000 4,000 -3,200 1. 12-31-2006 Investment in Hawkes Brewery $60,800 (800 × $76)
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12-31-2007 Investment in Hawkes Brewery $63,200 (800 × $79) This market value amount would be reported whether the securities were classified as trading or-available-for sale. 2.
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ch13 - Chapter 13 Investment in Securities E 13-5...

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