Question: Please note that the credit drop down box for the entries is not on the picture, but please include :) FV-OCI Investment Debit balance of:

Please note that the credit drop down box for the entries is not on the picture, but please include :)

FV-OCI Investment Debit balance of: 23,400

FV-NI investment Debit Balance of: 19,100

Is there any more data required?

a. The FVI-OCI investment is an investment of 460 shares with current market value of $101. b. The FV-NI investment is an investment of 190 shares with current market value of $61. Adjusting entry Account Names Debit a b Would the above entries be reversed if the company follows reversing entries? Yes or No only. Prepare the closing entry for adjustment a. Accounts Names Debit y a. The FVI-OCI investment is an investment of 460 shares with current market value of $101. b. The FV-NI investment is an investment of 190 shares with current market value of $61. Adjusting entry Account Names Debit a b Would the above entries be reversed if the company follows reversing entries? Yes or No only. Prepare the closing entry for adjustment a. Accounts Names Debit y

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