Use the Following to Answer Questions

question 52

Essay

Use the following to answer questions
In its 2016 annual report to shareholders,Kirby Inc.included the following disclosure regarding its available for sale investments in securities: Required:
-Prepare the journal entry (in thousands)that Kirby made at the end of 2016 to record the information disclosed above.

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Definitions:

Cognition

The psychological process involved in learning and grasping concepts through experiences, thinking, and the use of the senses.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driven by the desire to fulfill a need or achieve a goal.

Nontraditional Views

Perspectives or opinions that differ from or challenge conventional wisdom or accepted norms.

Collectivist Society

A society that prioritizes the group's needs over the individual's, often emphasizing strong social ties, cooperation, and group harmony.