The following scenario reflects investment activity for a ...

(c)Fair Value Adjustment (available-for-sale) 465. Unrealized Holding Gain or Loss—Equity [($74,086 + $949) – $75,500]465. EXERCISE 17-3 (15–20 minutes) (a)January 1, 2013. Debt Investments322,744.44. Cash322,744.44 (b)Schedule of Interest Revenue and Bond Premium Amortization. Effective-Interest Method. 12% Bonds Sold to Yield 10% ................
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