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0000000000000000 Investment in Marketable Securities On January 3, 20x1, Matthew Corporation purchased the following equity securities as an investment. The securities are classified as trading.

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Investment in Marketable Securities On January 3, 20x1, Matthew Corporation purchased the following equity securities as an investment. The securities are classified as trading. Company Number of Cost of Shares Share Total Cost A 800 $20 $ 16,000 B 2,000 12 24,000 C 400 22 8,800 On December 31, 20x1, the market values per share were: Company. Market Value A $22 B 12 C 20 Prepare any journal entry or entries necessary to record these changes in market value. HTML Editor it) B IYA. A . LE S I E X X BE EEE - CH P & N VX G G E 6 1 1 12pt Paragraph

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