Ceate journal entries for investments in sas and net

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On August 31, 2010, a company purchased 10,000 shares of stock for $30 per share. Management recorded the stock in the securities available for the sale portfolio. The following information pertains to the price per share of stock:



 

 



Price

 



12/31/2010

 



$35

 



12/31/2011

 



$34

 



12/31/2012

 



$37

 

Prepare journal entries for the investments in SAS and the Net Unrealized Gains/Losses for each date given. Then compute the balance in the Net Unrealized Gains/Losses.

Reference no: EM13472589

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