chp 17 part 2 - 1-Jan Investment in Nadal Corp stock 81,000...

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Chapter 17 Homework Part 2-complete exercises 17-1, 17-2, 17-3, 17-4, 17-5, 17-12, 17-16, 17-17, 17-1 17-1 a) 1 b) 2 c) 1 d) 2 e) 2 f) 3 17-2 a) 1-Jan Held to maturity sec 300,000 cash 300,000 31-Dec cash 36,000 interest revenue 36,000 31-Dec cash 36,000 interest revenue 36,000 17-3 Held to maturity sec 322,744.44 cash 322,744.44 b) c) Dec cash 36,000 held to maturities sec 3,725.56 interest revenue 32,274.44 17-4 Held to maturity sec 322,744.44 cash 322,744.44 b) cash 36,000 held to maturities sec 3,725.56 interest revenue 32,274.44 17-5 17-12 18-Mar Journal entries for Hatcher cosmetics available for sale securities 260,000
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cash 260,000 30-Jun cash 7,500 dividend revenue 7,500 31-Dec available for sale 40,000 unrealized holding gain or loss equity 40,000 Journal entries by Holmes inc
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Unformatted text preview: 1-Jan Investment in Nadal Corp stock 81,000 cash 81,000 15-Jun cash 10,800 Investment in Nadal Corp stock 10,800 31-Dec Investment in Nadal Corp stock 25,500 revenue from investment 25,500 17-16 31-Dec Available for sale securities 1,200,000 cash 1,200,000 30-Jun cash 42,500 dividend revenue 42,500 31-Dec Cash 150,000 dividend revenue 150,000 17-17 Investment 180,000 cash 180,000 cash 6,000 investment 6,000 investment 24,000 revenue form investment 24,000 17-18 a) available for sale 60,000 loss on impairment 60,000 b) new cost 740000 c) available for sale 30,000 unrealized holding gain or loss equity 30,000 18...
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This note was uploaded on 04/14/2011 for the course ACCT 3202 taught by Professor Kenmichael during the Spring '11 term at University of Minnesota Duluth.

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chp 17 part 2 - 1-Jan Investment in Nadal Corp stock 81,000...

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