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3) Cole Inc. owns shares of Marlin Corporation stock classified as an available-for-sale investment. At December 31, 2014, the available-for-sale securities were carried in Cole’s accounting records at their cost of $886,600, which equals their fair value. On September 21, 2015, when the fair value of the securities was $1,250,300, Cole declared a property dividend whereby the Marlin securities are to be distributed on October 23, 2015 to stockholders of record on October 8, 2015. Prepare all journal entries necessary on those three dates. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 4) Faith Evans Corporation is a regional company which is an SEC registrant. The corporation’s securities are thinly traded on NASDAQ. Faith Evans Corp. has issued 11,770 units. Each unit consists of a $589 par, 12% subordinated debenture and 12 shares of $6 par common stock. The investment banker has retained 471 units as the underwriting fee. The other 11,299 units were sold to outside investors for cash at $1,036 per unit. Prior to this sale, the 2-week ask price of common stock was $47 per share. Twelve percent is a reasonable market yield for the debentures, and therefore the par value of the bonds is equal to the fair value.