Prepare the general journal entry for Carla Vista Company for the adjusting entry, assuming a $ balance in the Fair Value Adjustment account at List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
tableDateAccount Titles and ExplanationDecemberUnrealized Holding Gain or LossIncomeFair Value Adjustment,
Attempts: of used
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Prepare the general journal entry for Carla Vista Company for the sale of the Thomas Corp. stock. List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
tableDate Account Titles and Explanation Debit,CreditMarch