Solution-Prepare the adjusting entry at december

Prepare the adjusting entry at december

Assignment Help Cost Accounting

Reference no: EM13538479

At December 31, 2012, the trading securities for Oglesbee, Inc. are as follows.

440_Prepare the adjusting entry at December.PNG

Instructions

(a) Prepare the adjusting entry at December 31, 2012, to report the securities at fair value.

(b) Show the balance sheet and income statement presentation at December 31, 2012, after adjustment to fairvalue.

Reference no: EM13538479

Questions Cloud

Zero frequency as well as the nyquist frequency : What is the shortest and non-trivial channel impulse response that has zero amplitude response at both zero frequency as well as the Nyquist frequency?

Calculate the speed and direction of puck : Two identical pucks are on an air table. Puck A has an initial velocity of 4.0 m/s in the positive x-direction. What is the speed and direction of puck B after the collision

Energy removed as heat from the helium : An apparatus that liquefies helium is in a room maintained at 306 K. If the helium in the apparatus is at 4.0 K, what is the minimum ratio Qto/Qfrom, where Qto is the energy delivered as heat to the room and Qfrom is the energy removed as heat from t..

Calculate the change in entropy of the cube-lake system : A 78 g ice cube at -18°C is placed in a lake whose temperature is 12°C. Calculate the change in entropy of the cube-lake system as the ice cube comes to thermal equilibrium with the lake. The specific heat of ice is 2220 J/kg·K. (Hint: Will the ice c..

Prepare the adjusting entry at december : Prepare the adjusting entry at December 31, 2012, to report the securities at fair value - show the balance sheet and income statement presentation at December 31, 2012, after adjustment to fairvalue.

How fast is the man moving just after he catches the ball : A 76-kg man is at rest on ice skates. A 0.24-kg ball is thrown to him. The ball is moving horizontally at 26 m/s just before the man catches it. How fast is the man moving just after he catches the ball

Assume that ratio of molar specific heats-opening champagne : Opening champagne. In a bottle of champagne, the pocket of gas (primarily carbon dioxide) between the liquid and the cork is at pressure of p = 5.95 atm. When the cork is pulled from the bottle, the gas undergoes an adiabatic expansion until its p..

Find the interface temperature for the pine and insulation : A room with a pine ceiling measured 10 m x 6 m x 2 cm thick. On a cold day the temperature on inside of the ceiling is T1 = 24 oC and in the attic T2 = 7 oC, find the interface temperature for the pine and insulation

An ideal monatomic gas initially has a temperature : An ideal monatomic gas initially has a temperature of T and a pressure of p. It is to expand from volume V1 to volume V2. If the expansion is isothermal, what are the final pressure pfi and the work Wi done by the gas?

User Account

All Pages

Prepare the adjusting entry at december

Reference no: EM13538479

Reference no: EM13538479

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT