Answer:
Anderson Co. 3,100 shares at $18 per share
Munter Ltd. 10,200 shares at $57 per share
King Co. 5,600 preferred stock at $42 per stock
a. Prepare the entry for the security sale on January 15, 2021.
- Dr Cash 58,880
-      Cr Investment in Anderson Co. stock AFS 52,200
-      Cr Realized gain on stock AFS 6,680
b. Prepare the journal entry to record the security purchase on April 17, 2021. 
- Dr Investment in Castle's stock AFS 38,160
-      Cr Cash 38,160
c. Compute the unrealized gains or losses.
- unrealized gain = $40,800 (gain in Munter) - $11,200 (loss in King) - $13,960 (loss in Castle) = $15,640
d. Prepare the adjusting entry for Vaughn on December 31, 2021. 
- Dr Investment in Munter's stock 40,800
-      Cr Investment in King's stock 11,200
-      Cr Investment in Castle's stock 13,960 
-      Cr Unrealized gain - other comprehensive income 15,640
   
 
        
             
        
        
        
Answer: Depreciation expense reflects the decrease in market value each year.
Explanation:
Depreciation is the decrease in the value of an asset due to the passage of time. Overtime, the value of machineries reduce as a result of usage. Depreciation is therefore the reduction in the value of assets. Depreciation is also the method used tin reallocating the cost of a tangible assets over its useful life span. Firms depreciate assets for accounting and tax purposes. The reduction in the value of an asset has am effect on the balance sheet of an entity.
The answer to the question is the second option. Depreciation does not have anything to do with the market value. Other options are correct except for the second option which states that depreciation expense reflects the decrease in market value each year.
 
        
                    
             
        
        
        
Answer:
I WOULD SAY HIGH INTRUST RATE.
Explanation:
Hope this helps <3 HAVE A GOOD DAY!
 
        
                    
             
        
        
        
Transactions must be segregated into the three types of activities presented on the statement of cash flows: operating, investing, and financing.