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Buffalo Company has the following portfolio of investment securities at September 30, 2017, its last reporting date. Trading Securities Fair Value $229,620$214,770 140,490 190,320 189,290
Buffalo Company has the following portfolio of investment securities at September 30, 2017, its last reporting date. Trading Securities Fair Value $229,620$214,770 140,490 190,320 189,290 Cost Horton, Inc. common (5,340 shares) Monty, Inc. preferred (3,430 shares) Oakwood Corp. common (1,040 shares) 133,770 On October 10, 2017, the Horton shares were sold at a price of $53 per share. In addition, 3,210 shares of Patriot common stock were acquired at $54 per share on November 2, 2017. The December 31, 2017, fair values were Monty $105,670, Patriot $139,790, and the Oakwood $204,600 Prepare the Journal entries to record the sale, purchase, and ad using entries related to the equity securities the ast quarter o 217 Credit account ti es are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Credit Debit Account Titles and Explanation Date
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