Question 2 unsaved
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
$42
9/25 y company
1,250
30
9/30 z company
1,000
26
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
$41
y company
z company
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.
kohr
your