Chapter 12 Hw 2 - M12-3 Dec 2 Dec 15 Dec 31 M12-7 July 2...

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M12-3 Dec 2 Investment in TS (+A) 210,000 Cash (-A) 210,000 Dec 15 Cash (+A) 22,500 Investment Income (+R, +SE) 22,500 Dec 31 Net Unrealized Gains and Losses—TS (-SE) 172,500 Allowance to Value at Market—TS (-A) 172,500 M12-7 July 2 Cash (+A) 6,000,000 Investment in affiliated companies (-A) 6,000,000 Dec 31 Investment in affiliated companies (+A) 60,000 Equity in investee earnings (+R, +SE) 60,000 M12-9 Property and Equipment (+A) 650,000 Goodwill (+A) 65,000 Bonds Payable (+L) 125,000 Cash (-A) 590,000 E12-1 7/1/2010 Held-to-Maturity Investments (+A) 10,000,000 Cash (-A) 10,000,000 12/31/2010 Cash (+A) 5,000,000 Interest Revenue (+R, +SE) 5,000,000 P12-2 1. 3/1/2009 Investment in TS (+A) 170,000 Cash (-A) 170,000 12/31/2009 Net Unrealized Gains and Losses—TS (-SE) 20,000 Allowance to Value at Market—TS (-A) 20,000 12/31/2010 Net Unrealized Gains and Losses—TS (-SE) 30,000 Allowance to Value at Market—TS (-A) 30,000 12/31/2011 Net Unrealized Gains and Losses—TS (-SE) 100,000 Allowance to Value at Market—TS (-A) 100,000 2. 3/1/2009
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This note was uploaded on 10/21/2009 for the course H ADM 223 taught by Professor Pstrebel during the Spring '07 term at Cornell University (Engineering School).

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Chapter 12 Hw 2 - M12-3 Dec 2 Dec 15 Dec 31 M12-7 July 2...

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