ACC 545 Jamona Corporation
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Description
Jamona Corporation Scenario
Charles Thornton
ACC 545
June 9, 2014
Deborah Asbury
Jamona Corporation Scenario
Below details the journal entries for Jamona Corporation.
Investments
Purchase
1/1/06
Available-for-sale Securities 322,
Cash 322,
12/31/06
Cash 36,000
Available-for-sale Securities 3,
Interest Receivable 32, (322, * 10%)
Available-for-sale Securities 1,
Unrealized holding gain/loss- Equity 1, (320,500 - 319,)
12/31/07
Cash 36,000
Available-for-sale Securities 3,
Interest Receivable 32, (322, * 10%)
Available-for-sale Securities 7,
Unrealized holding gain/loss- Equity 7,
12/31/08
Cash 36,000
Available-for-sale Securities 3,
Interest Receivable 32,...
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