Business, 28.07.2020 19:01 jjjjjj6643

Global Commerce Corporation purchased trading debt investments for $136,000 on December 31, 2018. There is a decrease of $3,400 in the fair value of the trading debt investments by the end of the year 2019. Which of the following is the correct journalentry? A Unrealized Holding
Losslong dash—Trading 3,400
Fair Value
Adjustmentlong dash—Trading 3,400
B. Fair Value
Adjustmentlong dash—Trading 3,400
Unrealized Holding
Losslong dash—Trading 3,400
C. Trading Debt Investments 3,400
Unrealized Holding
Losslong dash—Trading 3,400
D. Unrealized Holding
Losslong dash—Trading 3,400
Retained Earnings

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 17:50, ineedhelp2285

When selecting stock, some financial experts recommend to look at the opening price go with what you know examine the day’s range, earnings per share, and p/e ratio divide the dividend by the asking price

Answers: 2

continue

Business, 23.06.2019 14:30, zeinabelsiblini

Which is an example of a short-term investment

Answers: 2

continue

Business, 23.06.2019 14:30, alyssacruz999

Xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions that are binding on both parties. at one of their parties a guest is injured on a piece of equipment. the guest sues xavier and shawn, and they find they're personally liable for any damages. what kind of business structure do they have? question 8 options: sole proprietorship general partnership limited liability company corporation

Answers: 3

continue

Business, 24.06.2019 00:30, Josias13

True or false? u. s. government policy subsidizes industrial agriculture, which produces high-calorie commodities at the expense of more nutritious produce.

Answers: 2

continue

You know the right answer?

Global Commerce Corporation purchased trading debt investments for $136,000 on December 31, 2018. Th...