Question: Please help me with equations showing how to solve for the blanks in the picture ( please include formulas ) . The correct numbers, for
Please help me with equations showing how to solve for the blanks in the picture please include formulas The correct numbers, for reference, should be from top to bottom:
GIVEN:
Amalgamated General Corporation is a consulting firm that also offers financial services through its credit division. From time to time the company buys and sells securities intending to earn profits on shortterm differences in price. The following selected transactions relate to Amalgamateds investment activities during the last quarter of and the first month of The only securities held by Amalgamated at October were $ million of bonds of Kansas Abstractors, Inc., purchased on May at face value. The companys fiscal year ends on December
Prepare the appropriate journal entry for each transaction or event.
AMALGAMATED GENERAL CORPORATION
Securities bonds held Kansas Abstractors, Inc. $
Interest rate on bonds Kansas Abstractors, Inc.
Additional information:
Oct. Number of preferred shares purchased Millwork Ventures Company
Cost of preferred shares purchased Millwork Ventures Company $
Semiannual interest received Kansas Abstractors, Inc. $
Nov. Bonds purchased Holistic Entertainment Enterprises $
Interest rate of bonds purchased Holistic Entertainment Enterprises
Sold bonds Kansas Abstractors, Inc. $
Dec. Bonds purchased Household Plastics Corporation $
Interest rate of bonds purchased Household Plastics Corporation
US Treasury bonds purchased $
Number of common shares purchased NXS Corporation
Cost of common shares purchased NXS Corporation $
U S Treasury bonds sold $
Dividend received from preferred shares Millwork Ventures Company $
Market price per share for preferred stock Millwork Ventures Company $
Market price per share NXS Corporation $
Fair value of bonds Household Plastics Corporation $
Fair value of bonds Holistic Entertainment Enterprises $
Jan. Sold common shares NXS Corporation $
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