3.ACC355.Jamona_Corp - SpringWild JournalEntry#1...

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Spring Wild  Debit   Credit  Journal Entry #1 January 1, 2006   Available for Sale Securities  $322,744.44                      Cash  $322,744.44  To record purchase of securities December 31 ,2006 Cash  $36,000.00                  Available for Sale Securities  $3,725.56                  Interest Revenue  $32,274.44  To record interest from securities December 31, 2006 Securities Fair Value Adj. Avail-For-Sale  $1,481.12  Unrealized Holding Gain or Loss - Equity  $1,481.12  To record gain on security December 31, 2007 Cash  $36,000.00                  Available for Sale Securities  $4,098.11                  Interest Revenue  $31,901.89  To record interest from securities December 31, 2007 Unrealized Holding Gain or Loss - Equity  $5,920.77  Securities Fair Value Adj. Avail-For-Sale  $5,920.77  To record loss on security December 31, 2008 Cash  $36,000.00                  Available for Sale Securities  $4,507.92                  Interest Revenue  $31,492.08  To record interest from securities December 31, 2008 Unrealized Holding Gain or Loss - Equity  $2,412.85  Securities Fair Value Adj. Avail-For-Sale  $2,412.85  To record loss on security December 31, 2009 Cash  $36,000.00                  Available for Sale Securities  $4,958.72                  Interest Revenue  $31,041.28  To record interest from securities December 31, 2009
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Securities Fair Value Adj. Avail-For-Sale  $4,545.87  Unrealized Holding Gain or Loss - Equity  $4,545.87  To record gain on security December 31, 2010 Cash  $36,000.00                  Available for Sale Securities  $5,454.59                  Interest Revenue  $30,545.41  To record interest from securities December 31, 2010 Securities Fair Value Adj. Avail-For-Sale
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This note was uploaded on 02/28/2011 for the course ACC 355 taught by Professor Mr.lud during the Spring '11 term at University of Phoenix.

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3.ACC355.Jamona_Corp - SpringWild JournalEntry#1...

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