Blossom Se Has The Following Data At December 31 2020 Securities Cost Fair Value Trading 118 200 126 300 Non Trading 1 (19.98 KiB) Viewed 41 times
Blossom Se Has The Following Data At December 31 2020 Securities Cost Fair Value Trading 118 200 126 300 Non Trading 2 (20.91 KiB) Viewed 41 times
Blossom Se Has The Following Data At December 31 2020 Securities Cost Fair Value Trading 118 200 126 300 Non Trading 3 (20.85 KiB) Viewed 41 times
Blossom SE has the following data at December 31, 2020. Securities Cost Fair Value Trading €118.200 €126.300 Non-trading 104,000 92.900 The non-trading securities are held as a long-term investment. This is the first year of the company's operations. Prepare the adjusting entries to report each class of securities at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter O for the amounts) Debit Credit Account Titles and Explanation 8100 Fair Value Adjustment-Trading Unrealized Gain or Loss-Income (To record trading securities at fair value) 8100 Question 4 of 6 r > Unrealized Gain or Los Equity 11100 Fair Vive Adent Non-Trading 114200 (To record non-trading securities at fair value) Indicate the statement presentation of each class of securities and the related unrealized gain oss accounts Blossom SE Statement of Financial Position (Partial) For the Year Ended December 31, 2020 6000 14000 -/10 1 Question 4 of 6 < Total Intangible Asserts Blossom SE Income Statement (Partial) December 31, 2020 Unrealized Gain on Trading Securities Save for Later Last saved 8 minutes ago, Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes 120000 14000 -/10 ! Attempts: unlimited Submit Ar
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