Date
______June 17
June 30
July 31
Aug. 31
Sept. 17
Sept. 17
Dec. 17
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Accounts Debited or (Credited)
_________________________________________Cash
Options contracts
Interest expense (revenue)
Other comprehensive income (OCI)
--To record purchase of 50 call option contracts
Cash
Options contracts
Interest expense (revenue)
Other comprehensive income (OCI)
--To record value adjustment of option contracts
Cash
Options contracts
Interest expense (revenue)
Other comprehensive income (OCI)
--To record value adjustment of option contracts
Cash
Options contracts
Interest expense (revenue)
Other comprehensive income (OCI)
--To record value adjustment of option contracts
Cash
Options contracts
Interest expense (revenue)
Other comprehensive income (OCI)
--To record option contract settlement
Cash
Options contracts
Notes receivable
Interest expense (revenue)
Other comprehensive income (OCI)
--To record loan transaction for $25 million
Cash
Options contracts
Notes receivable
Interest expense (revenue)
Other comprehensive income (OCI)
--To record payoff of $25 million loan
|
Debit
(Credit)
__________(90,625)
90,625
8,125
16,875
(25.000)
(30,000)
12,500
17,500
(12,500)
55,000
(42,500)
93,750
(56,250)
(87,500)
50,000
(25,000,000)
25,000,000
25,278,125
(25,000,000)
(278,125) |
Balance
__________(90,625)
90,625
(90,625)
98,750
16,875
(25,000)
(90,625)
68,750
29,375
(7,500)
(90,625)
56,250
84,375
(50,000)
3,125
(3,125)
(24,996,875)
25,000,000
(3,125)
281,250
(281,250)
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