Business, 17.03.2020 03:35 razielcornils04

Easton Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2018, Easton Company acquired the following trading securities: Date Company # of Shares Price per Share 8/15 X Company 1,500 $50 9/25 Y Company 1,250 30 9/30 Z Company 1,000 30 On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12 per share. The following were the year-end market values: Company FMV per Share X Company $43 Y Company 15 Z Company 21 What the total dollar values that Easton Company should record for the Unrealized Gain or (Loss) on Trading Securities for 2018? Enter a Loss as a negative number.

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Easton Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2018,...

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