Assume that an investment in bonds classified as trading securities is sold. Which of the following would be included in the two entries to record the sale? (Select all that apply.)

Check All That Apply

• An update of the Fair value adjustment account

• Removal of the related investment account balances

• The total amount of gain or loss that has occurred since the securities were purchased

• The amount of the unrealized holding gain or loss that has occurred since the end of the prior accounting period