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Put option: Call option is an option to purchase an asset at a predetermined price and date in future.
Unrealized holding gains and losses: An unrealized gain is a profit recorded on paper results from the investment. It occurs when shares prices increase after investor purchases it, but an individual has to sell it, till the time it is not sold the amount of increase in share price is recorded as an unrealized gain.
An unrealized loss is a loss recorded on paper results from the investment. It occurs when shares prices decrease after investor purchases it, but an individual has to sell it, till the time it is not sold the amount of decrease in share price is recorded as an unrealized loss.
(a1) To record: To record the
Given information: All the information related to O Company is provided in the question document.
(a2) To record: To record the journalize the transactions.
Given information: All the information related to O Company is provided in the question document.
(a3) To determine: To determine the journalize the transactions.
Given information: All the information related to O Company is provided in the question document.
(a4) To determine: To determine the journal entry.
Given information: All the information related to O Company is provided in the question document.
(b) To determine: To determine the amount to be reported on the
Given information: All the information related to O Company is provided in the question document.
(c) To determine: To determine the amount reported on the balance sheet and income statement.
Given information: All the information related to O Company is provided in the question document.
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