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ch5 - 1 Inital Purchase ST Investment Cash 2 Mkt Value...

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1. Inital Purchase ST Investment 87,000 Cash 87,000 2. Mkt Value Adj (Gain) ST Investment 11,000 Unrealized Gain 11,000 Balance Sheet - current .... ST Investment 98,000 Income Statment - Current ... Unrealized Gain 11,000
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ST Investment 87,000 11,000 98,000
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1. Initial Purchase ST Investment 43,200 Cash 43,200 2. Mkt Value Adjustment (Gain) ST Investment 9,600 Unrealized Gain 9,600 3. Sold Investment (Gain) Cash 54,000 Gain on Sale 1,200 ST Investment 52,800 3. Sold Investment (Loss) Cash 50,000 Loss on Sale 2,800 ST Investment 52,800
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ST Investments 43,200 9,600 52,800 52,800 - Balance Sheet - 2010 .... ST Investment 52,800 Income Statement - 2010 ... Unrealized Gain 9,600
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1. Initial Purchase ST Investment 95,000 Cash 95,000 2. Cash Dividend Cash 400 Dividend Revenue 400 3. Mkt Value Adjustment (Loss) Unrealized Loss 3,000 ST Investment 3,000
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ST Investment 95,000 3,000 92,000 Balance Sheet - Current ... ST Investment 92,000 Income Statement - Current .... Unrealized Loss (3,000) Dividend Revenue 400
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1. Initial Purchase ST Investment 10,800 Cash 10,800 2. Cash Dividend Cash 432 Dividend Revenue 432 3. Mkt Value Adjustment (loss) Unrealized Loss 3,600 ST Investments 3,600 4. Sale of Investment Cash 8,388 Gain on Sale 1,188 ST Investment 7,200 Cost 10,800 Selling Price of Investment 8,388 Profit/Loss
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