Professional Writers
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
Order For Similar Custom Papers & Assignment Help Services
Fill the order form details - writing instructions guides, and get your paper done.
Posted: September 10th, 2021
Busi 293 – ASSIGNMENT #2 Additional Question The following information relates to the investments classified at fair value through profit and loss (“FVTPL) of Sinclair Corp
Busi 293 – ASSIGNMENT #2
Additional Question
The following information relates to the investments classified at fair value through profit and loss (“FVTPL) of Sinclair Corp.
Acquisition Acquisition Date Selling Market Value Dec. 31
Security Date Cost Sold Price 2016: 2024 – Do my homework – Help write my assignment online 2017 2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online
Alpha Apr. 13, 2016: 2024 – Do my homework – Help write my assignment online $140,000 N/A N/A $125,000 $142,000 $150,000
Beta Aug. 24, 2016: 2024 – Do my homework – Help write my assignment online $80,000 May 27, 2017 $105,000 $85,000 N/A N/A
Delta Jan. 8, 2017 $90,000 N/A N/A N/A $73,000 $85,000
Omega Jan. 3, 2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online $180,000 June 30, 2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online $210,000 N/A N//A N/A
The Sinclair Corp. closes its books on December 31 each year.
[“N/A” means not applicable.]
Required:
a. Prepare journal entries relating to these investments at fair value through profit and loss for each year. (There are NO brokerage fees.)
b. Show how the information regarding these investments would be presented on the income statement and balance sheet for each year.
THE TEMPLATE FOR SUBMITTING THIS QUESTION STARTS ON THE NEXT PAGE. ONLY HAND-IN THE PAGES STARTING WITH “NAME”.
293−ADDITIONAL QUESTION For ASSIGNMENT 2
NAME(Last,First): ________________________
STUDENT NO: _______________________
Debit Credit
2016: 2024 – Do my homework – Help write my assignment online
Apr. 13
Aug. 24
Dec. 31
2017
Jan. 8
May 27
Dec. 31
Debit Credit
2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online
Jan. 3
June 30
Dec. 31
b) Income Statement:
2016: 2024 – Do my homework – Help write my assignment online 2017 2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online
Realized gain (loss) on sale of investments at fair value through profit and loss
Unrealized gain (loss) from change in market value of investments at fair value through profit and loss
Balance Sheet:
2016: 2024 – Do my homework – Help write my assignment online 2017 2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online
Investments (“FVTPL”)
(at ____________________________________)
Why choose us
You Want Quality and That’s What We Deliver
Discounted Prices
Our service is committed to delivering the finest writers at the most competitive rates, ensuring that affordability is balanced with uncompromising quality. Our pricing strategy is designed to be both fair and reasonable, standing out favorably against other writing services in the market.
AI & Plagiarism-Free
Rest assured, you'll never receive a product tainted by plagiarism or AI-generated content. Each paper is research-written by human writers, followed by a rigorous scanning process of the final draft before it's delivered to you, ensuring the content is entirely original and maintaining our unwavering commitment to providing plagiarism-free work.
How it works
When you decide to place an order with Nurscola, here is what happens: