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stellarik [79]
3 years ago
11

Valuing Trading Securities at Fair Value On January 1, Valuation Allowance for Trading Investments had a zero balance. On Decemb

er 31, the cost of the trading securities portfolio was $41,500, and the fair value was $46,300. Prepare the December 31 adjusting journal entry to record the unrealized gain or loss on trading investments.
Business
1 answer:
Artist 52 [7]3 years ago
6 0

Answer:

Dr. Trading securities                                    $4,800  

Cr. Unrealized gain on trading securities    $4,800

Explanation:

Trading securities are recorded reported on the fair market value. The gain or loss arise from the increase or decrease in the value of trading securities. There is a gain if the price of trading security increases and loss when the price of the trading security decreases. Unrealized gains are reported in the separate section of stockholders equity.

Gain on Trading securities = Fair value of security portfolio - Cost of security portfolio = $46,300 - $41,500 = $4,800  

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Answer:C. social economic

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Some companies apply this kind of phylosophy as a management Objective to help to better the life of its consumers as it aims to make profits.

The action of TOMS are social economic Business phylosophy,it made cheap shoes and gave free shoe for every purchase,this will reduce the cost of purchasing shoes and make it affordable evn as the company makes profit.

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3 years ago
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Which of the following processes is responsible for releasing the energy captured during photosynthesis? Select one: a. Eliminat
almond37 [142]

<u>Answer:</u> The correct answer is Option b.

<u>Explanation:</u>

Photosynthesis reaction is defined as the process in which plants make their own food with the help of carbon dioxide and water in the presence of sunlight. The energy is captured in the form of ATP during this process.

For the given options:

  • <u>Option a:</u> Elimination

Elimination reactions are defined as the reactions in which a kind of atoms or groups of atoms leave the molecule. This process is not seen in photosynthesis reaction.

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Chemical energy stored in food is the source of the energy that is required to regenerate ATP. The process in which energy is released from food by a series of enzyme-controlled reactions is called cellular respiration.

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Absorption is defined as the process which involves a reaction between the substance being absorbed and the absorbing medium.

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Digestion is defined as the process by which complex food molecules are broken down into simple molecules that can be absorbed by the body for nutrition.

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From the above information, the correct answer is Option b.

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Bases of business or organizational market segmentation that center on the customer attributes are categorized as: Group of answ
sweet-ann [11.9K]

Hard qualitative criteria

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Briefly, the process of gathering large amounts of data by polls, surveys and voting techniques relates to quantitative market research. Qualitative market research, alternatively, involves trying to determine customer motivation through close analysis ––typically in a tiny group or face-to-face encounter.

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3 years ago
Instead of living in a service economy, we now live in a(n) ________ economy.
Nataly [62]

Instead of living in a service economy, we now live in a(n)  Mixed economy.

Explanation:

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2 years ago
A _____ chart shows individual figures at a specific time, or shows variations between components but not in relation to the who
Yanka [14]

Answer:

Bar chart

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rectangular bars, where the height of the rectangular bars will equal to the data values they are representing. This bars could be horizontally or vertically plotted. It should be noted that bar chart shows individual figures at a specific time, or shows variations between components but not in relation to the whole.

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