- Answer Is Complete But Not Entirely Correct Complete This Question By Entering Your Answers In The Tabs Below Req 1 An 1 (39.21 KiB) Viewed 71 times
- Answer Is Complete But Not Entirely Correct Complete This Question By Entering Your Answers In The Tabs Below Req 1 An 2 (17.46 KiB) Viewed 71 times
- Answer Is Complete But Not Entirely Correct Complete This Question By Entering Your Answers In The Tabs Below Req 1 An 3 (37.35 KiB) Viewed 71 times
Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 At what amount will Tanner-UNF report its investment in the December 31, 2021, balance sheet? (Enter your answer in millions rounded to 1 decimal place, i.e., 5,500,000 should be entered as 5.5).) Investment $ 313.8 X million
X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Reg 4 Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2022, for $300.0 million. Prepare the journal entry to record the sale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Show less No Date General Journal Debit Credit 1 ✓ 300.0 January 02, 2022 Cash Discount on bond investment Loss on investments (NI) 26.3 X 13.8 X Investment in bonds 340.0 < Req3 Req 4 >