On January 1, 2010, Heitzman Company purchased the following shares as a long-term investment i available-for-sale securities:
The market value of the stocks subsequently were as follows:
Calculate the "Net unrealized gains/loss," on both December 31, 2010 and December 31, 2011.

Question

On January 1, 2010, Heitzman Company purchased the following shares as a long-term investment i available-for-sale securities:
  The market value of the stocks subsequently were as follows:
  Calculate the "Net unrealized gains/loss," on both December 31, 2010 and December 31, 2011.

Quizplus · Accepted Answer

The Answer of On January 1, 2010, Heitzman Company purchased the following shares as a long-term investment i available-for-sale securities:
  The market value of the stocks subsequently were as follows:
  Calculate the "Net unrealized gains/loss," on both December 31, 2010 and December 31, 2011.

On January 1, 2010, Heitzman Company Purchased the Following Shares