1 Prepare journal entries for the following transactions during June 2021 and make month-end 26pts adjsutments for remeasurement of marketable securities: 1/Jun 5/Jun 10/Jun 20/Jun 30/Jun DATE invested $9,250 in 90-day treasury bill that had a maturity value of $10,000. purchased 1,000 shares of ABC Co. Common stock at $15 per share as trading securities. received dividends of $1 per share from ABC Co. sold 500 shares of ABC Co. for $14 per share. market price of ABC Co. shares is $13 per share. 1/Jun dr cr ACCOUNT NAME Account Name DR CR Q2 The Company uses perpetual FIFO inventory system. 22pts The Company reported the following data for January 2020: Number Unit Unit of Purchase Sales Date Units Cost Price 1/Jan beginning inventory 100 $4.00 5/Jan purchased 40 $4.50 10/Jan sold (120) $9.00 50 $5.00 (30) $10.00 50 $5.00 15/Jan purchased 20/Jan sold 31/Jan purchased Account Name 5/Jun dr Account Name cr Account Name 10/Jun dr Account Name cr Account Name 20/Jun dr Account Name dr Account Name cr Account Name cr Account Name 30/Jun dr Account Name cr Account Name 30/Jun dr cr Account Name Account Name Calculate gross profit for January: Calculate ending inventory at January 31: show your calculation in the box below: show your calculation in the box below