On march 25, 2021, phillips corporation purchased bonds of atlas corporation for $132 million and classified the securities as trading securities. on december 31, 2021, these bonds were valued at $150 million. three months later, on april 3, 2022, phillips corporation sold these bonds for $140 million. as part of the multi-step approach to record the 2019 transaction, phillips corporation should first update the fair value adjustment by recording:

multiple choice

an unrealized holding gain of $28 million in 2019.

a unrealized holding loss of $10 million in 2019.

an unrealized holding gain of $8 million in 2019.

a gain of $8 million in 2019.

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations