11. Bramble Corporation, a Canadian-based international company that follows IFRS, has the following securities in its portfolio of investments acquired for trading purposes and accounted for using the FV-NI method on December 31, 2019:

Investments		Carrying Amount (before adjustment)				Fair Value
1,200 shares of David Jones Inc., common			$59,800			$55,200
5,000 shares of Hearn Corp., common			165,000			159,000
370 shares of Alessandro Inc., preferred			55,500			58,000
			$280,300			$272,200

In 2020, Bramble completed the following securities transactions:

Mar. 1		Sold the 1,200 shares of David Jones Inc. common at $43 per share, less fees of $500.
Apr. 1		Bought 900 shares of Oberto Ltd. common at $74 per share, plus fees of $1,000.

Bramble Corporations portfolio of trading securities appeared as follows on December 31, 2020:

Investments		Original Cost			Fair Value
5,000 shares of Hearn Corp., common		$165,000			$159,000
900 shares of Oberto Ltd., common		66,600			64,400
370 shares of Alessandro Inc., preferred		55,500			53,600
		$287,100			$277,000

Assume that the company does not recognize and report dividends and other components of investment gains and losses separately.

A) Prepare the Bramble Corporation general journal entry to record the adjusting entry for December 31, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation	Debit	Credit

B) Prepare the Bramble Corporation general journal entry to record the sale of the David Jones Inc. shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation	Debit	Credit

C) Prepare the Bramble Corporation general journal entry to record the purchase of the Oberto Ltd. shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation	Debit	Credit

D) Prepare the Bramble Corporation general journal entry to record the adjusting entry for December 31, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation	Debit	Credit