Question: Please answer these questions. Im having trouble finding the differnece between BE12-2,3 & BE12-4,5. BE 12-2. Trading securitles, financial statement effects [S LO12-3 S&L. Financial
BE 12-2. Trading securitles, financial statement effects [S LO12-3 S\&L. Financial buys and sells securities expecting to earn profits on shorterm differences in price. Assume that on December 27, 2024, S8L. purchased Coca-Cola bonds at par for $875,000 and sold the bonds on January 3, 2025, for 5880.000 . At December 31, the bonds had a fair value of $873,000. What pretax amounts did S SL include in its 2024 and 2025 net income as a result of this investment (ienoring interest)? BE 123 Trading securities (S) L.O12-3 For the Coca- Cola bonds decrribed in BE 12-2, prepare journal entries to record (a) any anrealized gains oc losses oceurrine in 2024 and (b) the sale of the bonds in 2025 BE 12-4 Available-for-5ale securities; financial statement effects ( LO12-4 SEL Financial buys und sellis securtics which il clasibes as availableforsale. Assume that on Decemter 27, 2024, SEL purchased Cora Colin bonds at par for 5875,000 and sola the bonds on January 3,2025,70 S 580,000 At December 31, the bonds had a fair value of 2024 and 2025 net ineore as aresult of this inketment? BE 12-5 Avaliabie-for-saie securities (G) LO12-4 00 BE 12-2. Trading securitles, financial statement effects [S LO12-3 S\&L. Financial buys and sells securities expecting to earn profits on shorterm differences in price. Assume that on December 27, 2024, S8L. purchased Coca-Cola bonds at par for $875,000 and sold the bonds on January 3, 2025, for 5880.000 . At December 31, the bonds had a fair value of $873,000. What pretax amounts did S SL include in its 2024 and 2025 net income as a result of this investment (ienoring interest)? BE 123 Trading securities (S) L.O12-3 For the Coca- Cola bonds decrribed in BE 12-2, prepare journal entries to record (a) any anrealized gains oc losses oceurrine in 2024 and (b) the sale of the bonds in 2025 BE 12-4 Available-for-5ale securities; financial statement effects ( LO12-4 SEL Financial buys und sellis securtics which il clasibes as availableforsale. Assume that on Decemter 27, 2024, SEL purchased Cora Colin bonds at par for 5875,000 and sola the bonds on January 3,2025,70 S 580,000 At December 31, the bonds had a fair value of 2024 and 2025 net ineore as aresult of this inketment? BE 12-5 Avaliabie-for-saie securities (G) LO12-4 00
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