AS OF JANUARY 1 2014 Assets Equity Cash54970Common stock265640 Equity investments availableforsale241420Accumulated other comprehensive income30750 Total296390Total296390 The accumulated other comprehensive income related to unrealized holding gains on availableforsale securities The fair value of Acker Incs availableforsale securities at December 31 2014 was 200790 its cost was 149830 No securities were purchased during the year Acker Incs income statement for 2014 was as follows ACKER INC INCO

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Answera Date General Journal Debit Credit Dec 31 2020 Cash240000140000 100000 AFS Debt Securi... View the full answer