In this archive file of CIS 105 Entire Course you will find the next documents: CIS-105-Assignment-Security-Systems.doc CIS-105-Assignment-Technology-of-the-Future.doc
CIS-105-Week-6-Assignment-Manipulating-Data-in-Excel-Spreadsheets.xlsx CIS-105-Week-6-CheckPoint-Formatting-Excel-Spreadsheets.xlsx CIS-105-WEEK-7-DQ-1.doc
Deadline: ( ), General Questions - General General Questions Exercise 15-6 Accounting for trading securities L.O. P1 Forex Co. purchases various investments in trading securities at a cost of $59,000 on December 27, 2011. (This is its first and only purchase of such securities.) At December 31, 2011, these securities had a fair value of $70,000. 1. Prepare the December 31, 2011, year-end adjusting entry for the trading securities' portfolio. (Omit the "$" sign in your response.) DateGeneral JournalDebitCredit Dec. 31, 2011 2. Prepare the January 3, 2012, entry when Forex sells a portion of its trading securities (that had originally cost $29,500) for $32,250. (Omit the "$" sign in your response.) DateGeneral JournalDebitCredit Jan. 3, 2012 Exercise 15-7 Adjusting available-for-sale securities to fair value L.O. P3 On December 31, 2011, Rollo Company held the following short-term investments in its portfolio of available-for-sale securities. Ro...
Get complete A+ tutorial here - https://bitly.com/12BjZdU
Be sure to make use of local...
Please join StudyMode to read the full document