【单选题】Dim Corporation purchased 1,000 bonds of Witt Corporation in 2015 for $800 per bond and classified the investment as securities available for sale. The value of these holdings was $400 per bond on Dec...
A.
A loss on the sale of investments of $450,000.
B.
A realized gain of $50,000.
C.
A trading gain of $50,000 and an unrealized holding loss of $500,000.
D.
A recognition of unrealized holding losses of $400,000.
【单选题】Tennessee Ltd.'s accounting records reported the following information: Inventory, Jan 1, 2017 $ 300,000 Purchases during 2017 1,500,000 Sales during 2017 2,000,000 A physical inventory taken on Dec...
【简答题】The business paid $2400 for 12 month of administrative insurance coverage on October 1, 2017. Required: record the adjusted entry on December 31,2017. Accounting title increase or decrease debit or cr...
【简答题】The business borrowed $20000 by signing a 10%, one year note on July 1,2017. Required: record the adjusted entry on December 31, 2017. Accounting title increase or decrease debit or credit interested ...