This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: $98,000,000 Net unrealized holding gains/losses $98,000,000\ Record fair value adjustment Exercise 12-8 2006 Dec. 17 Investment in shares $350,000 Cash $350,000 Record purchase of shares Dec. 28 Cash $2,000 Investment revenue $2,000 Record investment revenue 2007 Jan. 5 Cash $395,000 Investment in shares $350,000 Gain on sale of investments $45,000 Record sale of investments...
View Full Document
This note was uploaded on 09/08/2010 for the course ACCOUNTING 320 taught by Professor Hickman during the Spring '10 term at Heidelberg.
- Spring '10