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question securities cost fair value no account titles and explanation debit credit s 4291081

Question

Securities

Cost

Fair Value

No.

Account Titles and Explanation

Debit

Credit

SHOW LIST OF ACCOUNTS

LINK TO TEXT

Uttinger Company has the following data at December 31, 2017.

Securities

 

Cost

 

Fair Value

Trading

 

$119,800

 

$126,000

Available-for-sale

 

100,700

 

93,600

 

The available-for-sale securities are held as a long-term investment.

 

 

 

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