At 31/12/2018 Sad co. has the following securities in its investment portfolio ;( all are holding for sale)

50000 shares of Yara company $200000

30000 shares of Handee company $180000

25,000 shares of fatma company $250000

Fair Market Adjustments account shows $1300 debit balance

During 2019 Sad co. had the following transaction in investment securities:

1-15/01/2019 sold Yara securities at $7

2-1/3/2019 purchased 100,000 shares of Al_Rahman co. ordinary shares for $3.5 for each.

3-1/05/2019sold 10000 of Handee at $6.

4-1/7/2019 purchased 5,000 shares of fatma company ordinary shares for $12 for each.

5-15/7/2019 purchased 10,000 shares of Kareem co. ordinary shares for land cost $180,000.

6- 31/07/2019 received $10000 from Handee Company as dividend.

7- 31/08/2019 sold 10,000 Handee shares at $3.

8-30/09/2019 received $20000 from Al_rahman Company as dividend.

9-31/10/2019 purchased for $250000 (100,000@2) ordinary shares from total 400,000 RAD ordinary shares. ( not for sale)

10- 31/12/2019, received dividend from RAD co. $5,000 and total net income for RAD co. was $180,000

The fair market value for the stocks at 31/12/2019 was

Handee company 6.5

Fatma company 10.5

Al_rahman company 3.4

Kareem 19

Required:

1. Journalized the above transactions?
2. Journalized the adjusted entry to record securities at fair market values at 31/12/2019?
3. Prepare T account for investment holding for sale and investing for non-sale.