Jan.10. Purchased 5,000 shares of Crystal Inc as an available-for-sale security at $36 per share, including brokerage commission.
Mar 12 Received the regular cash dividend of $o.80 per share.
Sept. 9. Split Crystal Inc stock 2 for 1 and received the regular cash dividend of $0.40 per share on the Crystal Inc stock
Oct. 14. Sold $1000 shares of Crystal Inc stock at $15 per share, less a brokerage commission of $100
Dec 31 Crystal Inc is classified as an available-for-sale investment and is adjusted to a fair value of $19 per share. Use the Valuation Allowance for Available-for-Sale Investment account in making the adjustment.
Mar 12 Received the regular cash dividend of $o.80 per share.
Sept. 9. Split Crystal Inc stock 2 for 1 and received the regular cash dividend of $0.40 per share on the Crystal Inc stock
Oct. 14. Sold $1000 shares of Crystal Inc stock at $15 per share, less a brokerage commission of $100
Dec 31 Crystal Inc is classified as an available-for-sale investment and is adjusted to a fair value of $19 per share. Use the Valuation Allowance for Available-for-Sale Investment account in making the adjustment.