help me quicklyy Fair Value...
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help me quicklyy
Fair Value Adjastment presious balance Cr. 535,000 Held-to-Maturity Debt Security Security E Amorized Cast $54,790 $284,790 Note: The change in fair value is considered permanent. Remainest 3. Report the purchase on Jan. 1, 2023 of 9% bonds, Security "E", having a maturity value of $300,000 for $278,384. The interest is payable cach Dec. 31, and the bonds mature Dec, 31, 2025. The bonds provide Wassel a 12% yield. The bonds are classified as held-to-maturity. Account DR CR 4. Report the receipt of interest for Security "E" on Dec. 31, 2023 and the discount amortiration. Account DR. CR Account Report the permanent change in fair value of Security "E". Account DR CR Acreanit Account DR CR: Aesume significant influcnce. Account 10, On San.30,2023, Wassel sold security "A" for $910,000. Account DR CR 4
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