Annette purchased stock on March 1,2015,for $200,000.At December 31,2015,it was worth $210,000.She also purchased a bond on September 1,2015,for $20,000.At year end,it was worth $15,000.Determine Annette's realized and recognized gain or loss.

Question

Quizplus · Accepted Answer

The Answer of Annette purchased stock on March 1,2015,for $200,000.At December 31,2015,it was worth $210,000.She also purchased a bond on September 1,2015,for $20,000.At year end,it was worth $15,000.Determine Annette's realized and recognized gain or loss.

Annette Purchased Stock on March 1,2015,for $200,000