Question: please answer these in format this is same question.Thank you but in correct format. PROBLEM 4 MARKET ADJUSTMENTS 20 points 3 JOURNAL ENTRIES Weaver Company

please answer these in format this is same question.Thank you but in correct format.

in correct format. PROBLEM 4 MARKET ADJUSTMENTS 20 points 3 JOURNAL ENTRIES

PROBLEM 4 MARKET ADJUSTMENTS 20 points 3 JOURNAL ENTRIES Weaver Company has the following data at December 31, 2015 for its securities: Securities COST Debt Investments - Trading Debt Investments - Available for sale Stock Investments 90,000 74,000 80,000 FAIR VALUE 87,000 75,000 76,000 a b 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) B Fair Value Adjustment - TRADING Unrealized gain - INCOME Unrealized loss - EQUITY Fair Value Adjustment - AVAILABLE FOR SALE Fair value adjustment - Stock + Unrealized gain - INCOME

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