Show the statement presentation at December 31, 2027, after adjustment to fair value. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sunland, Inc. Balance Sheet (Partial) December 31, 2027 Current Assets Sunland, Inc. Comprehensive Income Statement For the Year Ended December 31, 2027 +A $ $ At December 31, 2027, available-for-sale debt securities for Sunland, Inc. are as follows. The securities are considered to be a long- term investment. Security Cost Fair Value A $17,200 $16,500 B 12,000 13,700 C 23,500 19,000 $52,700 $49,200

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Show the statement presentation at December 31, 2027, after adjustment to fair value. (Enter negative amounts using either a
negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Sunland, Inc.
Balance Sheet (Partial)
December 31, 2027
Current Assets
Sunland, Inc.
Comprehensive Income Statement
For the Year Ended December 31, 2027
+A
$
$
Transcribed Image Text:Show the statement presentation at December 31, 2027, after adjustment to fair value. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sunland, Inc. Balance Sheet (Partial) December 31, 2027 Current Assets Sunland, Inc. Comprehensive Income Statement For the Year Ended December 31, 2027 +A $ $
At December 31, 2027, available-for-sale debt securities for Sunland, Inc. are as follows. The securities are considered to be a long-
term investment.
Security
Cost
Fair Value
A
$17,200
$16,500
B
12,000
13,700
C
23,500
19,000
$52,700
$49,200
Transcribed Image Text:At December 31, 2027, available-for-sale debt securities for Sunland, Inc. are as follows. The securities are considered to be a long- term investment. Security Cost Fair Value A $17,200 $16,500 B 12,000 13,700 C 23,500 19,000 $52,700 $49,200
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