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An asterisk (*) will appear to the right of an incorrect entry.
For items a - c and h, complete the table below to determine the amounts. Enter items d - g and i as formulas.
a. Available-for-sale investments at cost
b. Valuation allowance for available-for-sale investments
c. Available-for-sale investments (fair value)
d. Interest receivable
e. Investment in Jolly Roger Co. stock
f. Total assets
g. Retained earnings
h. Unrealized gain (loss) on available-for-sale investments
i. Total liabilities and stockholders' equity
Market
Cost per Value per
No. of Share (or Share (or
Shares (or $100 of $100 of Fair
Investments par value) of par value) of par value) Cost Value
Bernard Co. stock
Chadwick Co. stock
Gozar Inc. stock
Nightline Co. bonds
Totals
Increase (decrease) in fair value
Problem 13-4A
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An asterisk (*) will appear to the right of an incorrect entry.
For items a - c and h, complete the table below to determine the amounts. Enter items d - g and i as formulas.
a. Available-for-sale investments at cost 236,170$
b. Valuation allowance for available-for-sale investments (5,800)$
Answers are entered in the cells with gray backgrounds.
ON
Cells with non-gray backgrounds are protected and cannot be edited.
Problem 13-4A
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