Irving Inc.’s non-strategic investment portfolio at December 31, 2013, consisted

Irving Inc.’s non-strategic investment portfolio at December 31, 2013, consisted of the following:

Irving Inc.’s non-strategic investment portfolio at December 31, 2013, consisted

Irving Inc. had no other debt and equity investments at December 31, 2013, other than those shown above. During 2014, Irving engaged in the following transactions:

Irving Inc.’s non-strategic investment portfolio at December 31, 2013, consisted

Required
1. Calculate the total unrealized holding gain (loss) that was recorded on December 31, 2013.
2. Journalize the 2014 transactions as detailedabove.

Copyright © 2019 SolutionInn All Rights Reserved