Heritage Insurance Co

Heritage Insurance Co. is a regional insurance company that began operations on January 1, 2012. The following transactions relate to trading securities acquired by Heritage Insurance Co., which has a fiscal year ending on December 31:

1. Journalize the entries to record these transactions. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0".

2. Prepare the investment-related current asset balance sheet disclosures for Heritage Insurance Co. on December 31, 2013. Enter all amounts as positive numbers.

3. How are unrealized gains or losses on trading investments disclosed on the financial statements of Heritage Insurance Co.?

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