
1.
To prepare: The T accounts for cash, Investments in trading securities, dividend revenue, and unrealized gain (loss) on trading securities.
2.
To prepare: The journal entries for the given transactions and post in T accounts
3.
To report: The short-term investments on Incorporation A’s
4.
To report: The short-term investments on Incorporation A’s Income statement the year ended December 31, 2016.
5.
To prepare: The
6.
To prepare: The balance sheet and income statement assuming that the securities are available for sale securities (AFSS) and journalize the sale transaction.

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Chapter 5 Solutions
Financial Accounting, Student Value Edition Plus MyLab Accounting with Pearson eText - Access Card Package (11th Edition)
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