re price of ABC end of the day on December 31, year 2. All 7,650 sto are. Identify ABC's year 1, 2, and 3 tax deductions and temporary) associated with the stock options under th ns. tions. nents, leave no answer blank. Enter zero if applicable

Required information [The following information applies to the questions displayed below] Schlitterbahn Waterslide Company issued 42.000, 10-year 5 percent. $100 bonds on January 1 at face value. Interest is payable each December 31 38 The issuance of these bands on January 1 ( The first interest payment on December 31 Required: 1 indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign) Assets Stockholders Equity

Journal entries for trading investments The investments of Charger Inc. include an investment of trading securities of Raiders Inc. purchased on February 24, 20Y7, for $216,000. The fair value of the securities on December 31, 20Y7, is $288,000. a. Journalize the entries for the February 24 purchase and the adjustment to fair value on December 31, 20Y7. If an amount box does not require an entry, leave it blank. 20Y7 Feb. 24 Accounting numeric field 20Y7 Dec. 31 Feedback Check My Work a. Increase the investment and reduce Cash for number of shares times the per share price. The unrealized gain (credit) or unrealized loss (debit) is the difference between the acquired per share price and the market price per share at 20Y7 taken times the number of shares acquired. The offset account for the gain or loss entry is the valuation allowance account. b. How is a unrealized gain or loss for trading investments reported on the financial statements? 00

Year 2 and 3 for Fair Value at the end of the year are still incorrect and I do not understand why?

On January 1, Valuation Allowance for Available-for-Sale Investments had a zero balance. On December 31, the cost of the available-for-sale securities was $78,400, and the fair value was $72,330. Prepare the adjusting entry to record the unrealized gain or loss on available-for-sale investments on December 31. Refer to the Chart of Accounts for exact wording of account titles.

Carla Corporation purchased trading investment bonds for $50,000 at par. At December 31, Carla received annual interest of $2,000, and the fair value of the bonds was $49,000. Assume a zero balance in the Fair Value Adjustment account. Prepare Carla’s journal entries for the following. If no entry is required, write "No Entry".   The purchase of the investment. The interest received. The fair value adjustment.

H1. Account