CHECKLIST OF KEY FIGURES
Chapter 17 Investments
|
Page |
Assignment |
Check Figures |
|
808
|
P17-1A
|
(a) January 1, 2003, Gain on sale of debt investment, $2,600 |
|
808
|
P17-2A
|
(b) Loss on decline in value of investment, $200,000 |
|
808
|
P17-3A
|
(b) Loss on decline in value of investment, $1,500 |
|
809
|
P17-4A
|
(c) December 31, 2003 balance in Equity Investment account, Cost method, $1,200,000; Equity method, $1,320,000 |
|
809
|
P17-5A
|
(c) December 31, 2002 balance in Equity Investment account, Situation A, $600,000; Situation B, $1,233,000; Situation C, $4,110,000 |
|
809
|
P17-6A
|
(b) Loss on decline in value of investments, $2,400 |
|
810
|
P17-7A
|
(c) Loss on decline in value of investment, $1,600 |
|
810
|
P17-8A
|
(a) $103,000 (b) $91,000 |
|
811
|
P17-9A
|
Total assets, $2,900,000 |
|
811
|
P17-1B
|
(a) August 1, 2003, Loss on redemption of bonds, $100,000 (b) August 1, 2003, Gain on sale of debt investment, $100,000 |
|
812
|
P17-2B
|
(b) Loss on decline in value of investment, $40,000 |
|
812
|
P17-3B
|
(b) Loss on decline in value of investment, $2,800 |
|
812
|
P17-4B
|
(c) December 31, 2003 balance in Equity Investment account, Cost method, $800,000; Equity method, $854,000 |
|
813
|
P17-5B
|
(c) September 30, 2003 balance in Equity Investment account, Equity method, $1,811,400; Cost method, $1,800,000 |
|
813
|
P17-6B
|
(b) Loss on decline in value of investments, $8,500 |
|
813
|
P17-7B
|
(c) Loss on decline in value of investment, $3,040 |
|
814
|
P17-8B
|
(a) Temporary investments, total cost, $990,000; total market, $596,000; Long-term investments, total cost, $296,000; total market, $340,000 |
|
814
|
P17-9B
|
Total assets, $2,947,000 |
|
815
|
Cumulative
Coverage
|
Part II Earnings per share, if equity financing used, $0.56; debt financing used, $0.40 Part V (b) Balance in equity investment account, December 31, 2003, $1,486,100 |
|
818
|
BYP17-6
|
$1,280,000 |