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At December 3 1 , 2 0 2 0 , the cost and fair value trading securities for Sunland, Inc. are as follows. On January

At December 31,2020, the cost and fair value trading securities for Sunland, Inc. are as follows.
On January 31,2021, Sunland sells Security A for $18,300. Prepare the journal entry.
On February 28,2021, Sunland sells Security B for $15,700. Prepare the journal entry.
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