B Article Review 1 - 2022 Spring X WP Ch 16 homework X WP NWP Assessment Player UI Apj X Homework Help - Q&A from Or x C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=d24edb6c-c004-4c73-add8-b9a92df6cdae#/question/1 K Apps YouTube % Maps C legal enviroment B D2L C chegg WP WileyPLUS management class wedding 2023 Reading List Ch 16 homework Question 2 of 9 - 11 3 View Policies Current Attempt in Progress Oriole Company has these data at December 31, 2022, the end of its first year of operations. Debt Securities Cost Fair Value Trading $120,900 $125,900 Available-for-sale 100,400 98,400 The available-for-sale securities are held as a long-term investment. Prepare the adjusting entries to report: (1) Trading securities at fair value and (2) Available-for-sale securities at fair value. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit (1) Fair Value Adjustment-Trading 5000 Unrealized Gain or Loss-Income 5000 (2) Fair Value Adjustment-Available-for-Sale 2000 Unrealized Gain or Loss-Equity 2000 eTextbook and Media Assistance Used List of Accounts Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts. Oriole Company Balance Sheet (Partial) December 31, 2022 V Current Assets V Short-term, at fair value 125900 Investments Investments V 98,400 Stockholders' Equity Less V 2000 Oriole CompanyB Article Review 1 - 2022 Spring X WP Ch 16 homework X WP NWP Assessment Player UI Apj X Homework Help - Q&A from Or x C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=d24edb6c-c004-4c73-add8-b9a92df6cdae#/question/1 K Apps YouTube Maps C legal enviroment @ D2L C chegg WP WileyPLUS management class wedding 2023 Reading List Ch 16 homework Question 2 of 9 -11 3 Unrealized Gain or Loss-Equity 2000 e Textbook and Media Assistance Used List of Accounts Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts. Oriole Company Balance Sheet (Partial) December 31, 2022 V Current Assets V Short-term, at fair value V 125900 Investments V Investments V 98,400 Stockholders' Equity Less V 2000 Oriole Company Income Statement (Partial) v V Oriole, Company Comprehensive Income Statement V e Textbook and Media Assistance Used List of Accounts Save for Later Last saved 3 days ago. Attempts: 0 of 3 used Submit