In its 2018 annual report to shareholders, Kirby Inc. included the following disclosure regarding its available for sale investments in securities:

-Required:
Prepare the journal entry (in thousands) that Kirby made at the end of 2018 to record unrealized holding gains arising during the year.

Question

In its 2018 annual report to shareholders, Kirby Inc. included the following disclosure regarding its available for sale investments in securities:

-Required:
Prepare the journal entry (in thousands) that Kirby made at the end of 2018 to record unrealized holding gains arising during the year.

Quizplus · Accepted Answer

The Answer of In its 2018 annual report to shareholders, Kirby Inc. included the following disclosure regarding its available for sale investments in securities:

-Required:
Prepare the journal entry (in thousands) that Kirby made at the end of 2018 to record unrealized holding gains arising during the year.

In Its 2018 Annual Report to Shareholders, Kirby Inc