The titles of the company "Lalita SAL" are detailed as follows:
Types of
securities
Number of
actions
Unit
purchase
price
(LBP)
Price at
31/12/2007
Price at
31/12/2008
A
100
30000
31000
29000
Equity
B
100
20000
10000
21000
securities
Investment
securities
C
50
10000
11000
10500
1. Pass the adjustment entries to 31/12/2008
2. On 15/2/2009 the company sold through the Audi bank 50
A shares at 25,000 LL one and 35 C shares at a total price
of 385,000 LL.
Make all the entries relating to assignments