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Amalgamated General Corporation is a consulting fim that atso offers finandal services through its credit division, from time to time the company buys and sells

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Amalgamated General Corporation is a consulting fim that atso offers finandal services through its credit division, from time to time the company buys and sells securities. The following selected transactions relote of Amagamated's investment activities during the last quarter of 2024 and the first month or 2025 . The only securimes hei ty Ama damated at October 1,2024 were $50 miltion of 10% bonds of Kansas Abstractors, Incorporated purchased on May 1 . 2024 at tacevalue and held in. Amaigamated s trading securities portfollo, The company's fiscal year ends on December it. nilion shares issued. differences in prices. hold these stares untli parket conditfons cocksinge their wole. Oecember 23, 2024 5old the Treasury bonds for 86.4 wilion Hollstie Entertainient Enterprises. dinuery 7. 2025 sold the lass corporation comon stock thares tor zui milish. Required: Piepare the appropriate joumal entry for each transaction or event Use one summary entry on December 31 to adjust the portfolio of equity investments to a air value. Note: If no entry is required for a tronsectionievent, select "No joumal entry required" in the first account field, Do not round intermediete colculetions. Enter your enswers in millions rounded to 1 decimal ploce, (i.e., 5,500,000 should be entered os 5,5). Journal entry worksheet

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