Question: What is the correct journal entry for this problem and can you fix the mistakes. 3.57 points On March 10, 2015, Global Solutions, Ine purchased

What is the correct journal entry for this problem and can you fix the mistakes.

3.57 points On March 10, 2015, Global Solutions, Ine purchased 8,500 shares of Superior Technologies stock for $57 per share. The following information pertains to the fair value of Superior Technologies stock: 12/31/2015 12/31/2016 $52 49 Required: Assume that Global Solutions purchased the Superior Technologies stock as trading secunites. Prepare he jounal entries required on each date given. (IH no entry is required for a transactionevent select "No Journal Entry Required" In the first account fleld.) 3 Answer is not complete. No March 10, 2015 Interest Recelvable 484,50o Cash 484,5000 2December 31 Net Unrealized Losses/Gains 01 442.0000 No Jeums Enty Reguired December 31. Net Unrealized Losses'Gains 25,50o sc n

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