10.2. On 6/30/A, Carril Co. purchases 10 shares of Co. A stock for $4 each....
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Accounting
On A Carril Co purchases shares of Co A stock for $ each. At the firm's fiscal yearend, Co A is trading at $ share. On March year B half of the Co A stock is sold for $ On B Co A stock was trading at $share Provide the information requested below, assuming the investment is correctly classified as a trading security TS
aA unrealized gainloss
b Year B realized gainloss reported on the year B income statement
c Unrealized gainloss reported on the year B Income Statement ck: a b c
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