ACC 557 Week 9 Chapter 12 Quiz ( all possible questions ) FOR MORE CLASSES VISIT www . acc557tutor . com
c ) Show the balance sheet presentation of investment securities at December 31 , 2014 . ............
d ) Give the statement classification of each income statement account . ............
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ACC 557 Week 9 Chapter 12 Quiz ( all possible questions ) FOR MORE CLASSES VISIT www . acc557tutor . com
ACC 557 Week 9 Chapter 12 Quiz ( all possible questions )
This Tutorial contains All possible Questions from this chapter ( it contains more than 200 questions set )
SOME SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF THOSE 200 QUESTIONS
1-Multiple Choice Question 57
Eck Corporation sells 250 shares of common stock being held as an investment . The shares were acquired six months ago at a cost of $ 25 a share . Eck sold the shares for $ 40 a share . The entry to record the sale is
Cash 10,000 Gain on Sale of Stock Investments 3,750 Stock Investments 6,250