is this a negative for the $6,185 or a gain? Compute the unrealize gains or losses = Unrealizes holding ( gains / loses) = Faire Value - Cost Step 2 Security Cost Faire Value Unrealized holding ( gains / loses) Sanchez Co. 238451.44 $ 2,12,280 ( $ 26,171.44 ) =(7076*390904)/11600 =7076*30 Vicario Co. 305502 $ 3,19,000 $ 13,498 =5800*55 WTA Co. 220872 $ 2,27,360 $ 6,488 =8120*28 764825.44 $ 758640 ( $ 6185.44 ) Unrealized holding ( gains / loses) = ( $ 6,185 ) Dec-31 Unrealizes gain/loss - Equity $ 6,185 Security Fair Value Adjustment $ 6,185

is this a negative for the $6,185 or a gain? Compute the unrealize gains or losses = Unrealizes holding ( gains / loses) = Faire Value - Cost Step 2 Security Cost Faire Value Unrealized holding ( gains / loses) Sanchez Co. 238451.44 $ 2,12,280 ( $ 26,171.44 ) =(7076390904)/11600 =707630 Vicario Co. 305502 $ 3,19,000 $ 13,498 =580055 WTA Co. 220872 $ 2,27,360 $ 6,488 =812028 764825.44 $ 758640 ( $ 6185.44 ) Unrealized holding ( gains / loses) = ( $ 6,185 ) Dec-31 Unrealizes gain/loss - Equity $ 6,185 Security Fair Value Adjustment $ 6,185

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 9MC

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Security	Cost	Faire Value	Unrealized holding ( gains / loses)

Sanchez Co.	238451.44	$ 2,12,280	( $ 26,171.44 )
	=(7076*390904)/11600	=7076*30

Vicario Co.	305502	$ 3,19,000	$ 13,498
		=5800*55

WTA Co.	220872	$ 2,27,360	$ 6,488
		=8120*28
	764825.44	$ 758640	( $ 6185.44 )

Dec-31	Unrealizes gain/loss - Equity	$ 6,185
	Security Fair Value Adjustment		$ 6,185