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repare adiusting entry to retond fair vour and indicate stateonr awesentios At December 31 2014 the trading securities fee Storer Inc are as follows

repare adiusting entry to retond fair vour and indicate stateonr awesentios At December 31 2014 the trading securities fee Storer Inc are as follows

repare adiusting entry to retond fair vour, and indicate stateonr awesentios At December 31, 2014, the trading securities fee Storer, Inc. are as follows. Security Cost Fair Value S17.500 $16,000 12.500 23.000 14,000 21.000 $51.000 $53,000 Instruations Prepare the adjusting entry at December 31, 2014, to report the securities at fair value. (a) (b) Show the balance sheet and income statement presentation at December 31, 2014, after adjustment to fair value. NOTE Enter a mamber in cells regpesting a value: enter either a number or a formula in cells with a "2. Dec. 3 Account Valae (a) Accounts Value Balance Shet (b) Carrent ascts Short-term investments, at fair value Inceme Statement Section 727 Unrealized loss on trading securities c) Dashboard Calendar To Do Notifications Inbox

abhinav behal 02-Mar-2020

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