Question: a b Date B Weaver Company has the following data at December 31, 2015 for its securities: Securities Debt Investments - Trading Debt Investments

Weaver Company has the following data at December 31, 2015 for its securities:SecuritiesCOSTFAIRVALUEDebt Investments -

a b Date B Weaver Company has the following data at December 31, 2015 for its securities: Securities Debt Investments - Trading Debt Investments - Available for sale Stock Investments Account Title Fair Value Adjustment - TRADING Unrealized gain - INCOME Unrealized loss - EQUITY Fair Value Adjustment - AVAILABLE FOR SALE Fair value adjustment - Stock COST Prepare the adjusting entries to report the securities at fair value. On what financial statement and in what section of that statement would each of the above accounts be reported. (6 all together) Unrealized gain - INCOME 90,000 74,000 80,000 FAIR VALUE 87,000 75,000 76,000 Debit Credit

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