Question: 12.5 please help will give like Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 .

12.5 please help will give like
12.5 please help will give like Prepare Colah's journal entries for the
following transactions: a. The purchase of the Jackson bonds on July 1
. b. Interest revenue for the last half of 2024 . c.
Any year-end 2024 adjusting entries. d. Interest revenue for the first half
of 2025 . e. Any entries necessary upon sale of the Jackson
bonds on July 1, 2025, including updating the fair-value adjustment, recording any
reclassification adjustment, and recording the sale. Note: If no entry is required
for a transaction/event, select "No joumal entry required" in the first account
field. Enter your answers in whole dollars, and not in millions. Journal

Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 . e. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Enter your answers in whole dollars, and not in millions. Journal entry worksheet Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 , e. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. Note: If no entry is required for a transactionvevent, select "No fournal entry required" in the first account field. Enter your answers in whole dollars, and not in millions. Show less a Journal entry worksheet 2. Complete the following table to show the effect of the Jackson bonds on Colah's net income, other comprehensive income, and comprehensive income for 2024,2025 , and cumulatively over 2024 and 2025. Complete this question by entering your answers in the tabs below. Complete the following table to show the effect of the Jackson bonds on Colah's net income, other comprehensive income, and comprehensive income for 2024,2025 , and cumulatively over 2024 and 2025. Note: Negative amounts should be entered with minus sign. Enter your answers in whole dollars, and not in millions. Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 . c. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. Note: if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars, and not in millions. Show less 4 Journal entry worksheet 12 3 4 5 6 Record the sale of the Jackson bonds on July 1, 2022. Note: Enter debits before credts. Exercise 12-12 (Static) Available-for-sale securities; financial statement effects [LO12-1, 12-4] Colah Company purchased $1,000,000 of Jackson, Incorporated, 5% bonds at par on July 1, 2024, with interest paid semi-annually. Colah determined that it should account for the bonds as an available-for-sale investment. At December 31, 2024, the Jackson bonds had a fair value of $1,200,000. Colah sold the Jackson bonds on July 1,2025 for $900,000. Required: 1. Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 . e. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any reclassification adjustment, ond recording the sale. 2. Complete the following table to show the effect of the Jackson bonds on Colah's net income, other comprehensive income, and comprehensive income for 2024,2025 , and cumulatively over 2024 and 2025. Complete this question by entering your answers in the tabs below. Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 . e. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any mrilaseifiratinn allusetment and rernmelinn the cale Prepare Colah's joumal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025. e. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Enter your answers in whole dollars, and not in millions. Show less A Journal entru workeheet Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 . e. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars, and not in millions. Journal entry worksheet Prepare Colah's journal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 . e. Any entries necessary upon sale of the Jackson bonds on July 1,2025, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars, and not in millions. Show less A Journal entry worksheet Prepare Colah's joumal entries for the following transactions: a. The purchase of the Jackson bonds on July 1 . b. Interest revenue for the last half of 2024 . c. Any year-end 2024 adjusting entries. d. Interest revenue for the first half of 2025 . e. Any entries necessary upon sale of the Jackson bonds on July 1, 2025, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. Note: if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars, and not in millions. Journal entry worksheet

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