shshsh not use ai please Marigold Corp. has the following portfolio of securities acquired for trading purposes and accounted for using the FV-NI model atSeptember 30, 2023, the end of the company's third quarter:InvestmentCostFair Value48,500 common shares of Yuen Inc.$281,300$194,0003,400 preferred shares of Monty Ltd.129,200136,0001,450 common shares of Oakwood Inc.130,500129,775On October 8, 2023, the Yuen shares were sold for $5.80 per share. On November 16, 2023, 3,000 common shares of Patriot Corp.were purchased at $44.00 per share. Marigold pays a 1% commission on purchases and sales of all securities. At the end of the fourthquarter, on December 31, 2023, the fair values of the shares held were as follows: Monty $102,350; Patriot $117,250; and Oakwood$147,175. Marigold prepares financial statements every quarter.

Portfolio of Securities as of September 30, 2023Marigold Corp. holds the following securities:Yuen…

Answered: Marigold Corp. has the following…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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ChatGi X Gincome X > DeepL X zto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mhe Questi X ssignment i Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] On December 31, Hawkin's records show the following accounts. $ 5,900 1,000 3,600 14,800 Cash Accounts Receivable Supplies Equipment Accounts Payable Hawkin, Capital, December 1 Hawkin, Withdrawals Services Revenue Wages Expense Rent Expense Utilities Expense HAWKIN Statement of Owner's Equity For Month Ended December 31 Hawkin, Capital, December 1 Add: Investments by owner Hawkin, Capital, December 31 6,400 15,300 1,800 $ 16,400 8,000 1,900 1,100 QS 1-16 (Algo) Preparing a statement of owner's equity LO P2 Use the above information to prepare a statement of owner's equity for Hawkin for the month ended December 31. Hint: Owner investments are $0 for the period. 0 Copia d X 0 0 chat.op X Log…
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