Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 14 Jun 2017 My Price 11.00

foregoing transactions and post to the T-account.

During the fourth quarter of 2006, Cablevision, Inc., generated excess cash, which the company invested in securities, as follows:

On Nov. 12 purchased 1,000 shares of common stock as a trading investment, paying $9 per share.
On Dec. 14 Received cash dividend of $0.32 per share on the trading investment.
On Dec. 31 Adjusted the trading investment to its market value of $7.50 per share.

Required is the list below. ( Must Show Work )

1. Prepare T-accounts for: Cash,balance of $20,000; Short-Term Investment; Dividend Revenue; Unrealized Gain on Investment ( or Unrealized Loss on Investment )

2. Journalize the foregoing transactions and post to the T-account.

3. Show how to report the short-term investment on the cablevision balance sheet at December 31.

4. Show how to report whatever should appear on cablevision's income statement.

5. Cablevision sold the trading investment for 8,000 on Jan. 10, 2007. Journalize sale.

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Jun 2017 09:06 PM My Price 11.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â-----------  -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------. P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)