BGC Corp. has the following portfolio of securities acquired for trading purposes and accounted for using the FV-NI model at September 30, 2017, the end of the companys third quarter:

Investment		Cost		Fair Value
51,500 common shares of Yuen Inc.		$329,600		$206,000
4,000 preferred shares of Monty Ltd.		152,000		160,000
1,750 common shares of Oakwood Inc.		157,500		156,625

On October 8, 2017, the YAN shares were sold for $6.40 per share. On November 16, 2017, 3,000 common shares of Bell Corp. were purchased at $44.60 per share. BGC pays a 1% commission on purchases and sales of all securities. At the end of the fourth quarter, on December 31, 2017, the fair values of the shares held were as follows: Monty $103,250; Patriot $118,750; and Oakwood $177,625. BGC prepares financial statements every quarter. Assume BGC follows IFRS 9 and does not recognize dividends and other investment income accounts separately.

Prepare the journal entries to record the sale, purchase, and adjusting entries related to the portfolio for the fourth quarter of 2017 .

HERE ARE THE SAMPLE LIST OF ACCOUNTS:

Allowance for Investment Impairment Bond Investment at Amortized Cost Cash Dividends Receivable Dividend Revenue FV-NI Investments FV-OCI Investments Gain on Sale of Investments GST Receivable Interest Expense Interest Income Interest Payable Interest Receivable Investment in Associate Investment Income or Loss Loss on Discontinued Operations Loss on Impairment Loss on Sale of Investments No Entry Note Investment at Amortized Cost Other Investments Recovery of Loss from Impairment Retained Earnings Unrealized Gain or Loss - OCI

list iRga eheniuilliiii: "Il CYI llil1 I;.besq!alkaliialGj16il Account Titles and Explanation Debit Credit Nov. 16