Question: Need help with this thanks plz take it seriously Problem 12-3A During 2018, Ridgewood Financial Corporation had the following held for trading investment transactions: Feb.

 Need help with this thanks plz take it seriously Problem 12-3A

During 2018, Ridgewood Financial Corporation had the following held for trading investment

transactions: Feb. Purchased 660 CBF common shares for $38,280. 1 Purchased 730

Need help with this thanks plz take it seriously

Problem 12-3A During 2018, Ridgewood Financial Corporation had the following held for trading investment transactions: Feb. Purchased 660 CBF common shares for $38,280. 1 Purchased 730 RSD common shares for $22,630 Mar. 1 Purchased 6% MRT bonds at face value, for $58,000. Interest is received semi-annually on April 1 and October 1 Apr. 1 July Received a cash dividend of $3 per share on the CBF common shares. Sold 220 CBF common shares at $56 per share. Aug. 1 Received a cash dividend of $1.60 per share on the RSD common shares. Sept. 1 Received the semi-annual interest on the MRT bonds Oct. 1 Sold the MRT bonds for $59,900. 1 The market prices of the CBF and RSD common shares were $53 and $32 per share, respectively Dec. 31 Ridgewood had the following held for trading investment transactions in 2019: Sold 440 CBF common shares for $25,080 Mar. 1 Purchased 2,000 KEF common shares for $26,000 June 1 Received a cash dividend of $1.60 per share on the RSD common shares. Sept. 1 Sold 365 RSD common shares for $12,410. Oct 1 The market prices of the RSD and KEF common shares were $36 and $10 per share, respectively Dec. 31 Record the above 2019 transactions including any required adjusting entries, continuing the use of the fair value through profit or loss model. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record entries the order presented the question.) Account Titles and Explanation Debit Date Credit Show how the investments would be presented on the statement of financial position at Decem ber 31, 2019. RIDGEWOOD FINANCIAL CORPORATION Statement of Financial Position (Partial) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Determine the balance in each of the income statement accounts that are affected in the transactions above and indicate how they would be presented on the income stateme preceding the number e.g. -2,945 or parentheses e.g. (2,945).) RIDGEWOOD FINANCIAL CORPORATION Income Statement (Partial)

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