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Unformatted text preview: ................................................................................ Unrealized Gain .................................................................... $50.00 Investment D Dec. 31 Investments ................................................................................. Unrealized Gain .................................................................... $100.00 $150.00 $100.00 $50.00 Investments (INVEST) – Practice Problem Solutions $100.00 Pg 3 6. 2004 Realized Gain/Loss: None – no shares were sold during 2004 Unrealized Gain/Loss: $45,000 unrealized loss (15,000 shares x $3 per share)  the $3 per share is $56 $53 2005 Realized Gain/Loss: $13,500 realized gain (1,500 shares sold for $62 per share; currently recorded at $53 per share) Unrealized Gain/Loss: 13,500 shares currently shown on the balance sheet at $53 per share . 13,500 shares current market value (12/31/05) is $68 per share ......... Unrealized gain/loss for the year ......................................................... $715,500 $918,000 $202,500 gain 2006 Realized Gain/Loss: $23,000 realized loss (1,000 shares sold for $45 per share; currently recorded at $68 per share) Unrealized Gain/Loss: 12,500 shares currently shown on the balance sheet at $68 per share . 12,500 shares current market value (12/31/06) is $35 per share ......... Unrealized gain/loss for the year ......................................................... $850,000 $437,500 $412,500 loss Investments (INVEST) – Practice Problem Solutions Pg 4...
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This document was uploaded on 03/18/2014.

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