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CALCULATOR PRINTER VERSION ellar Company has the following portfolio of investment securities at September 30, 2017, its last reporting date. Cost Fair Value $209,920 $195,040

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CALCULATOR PRINTER VERSION ellar Company has the following portfolio of investment securities at September 30, 2017, its last reporting date. Cost Fair Value $209,920 $195,040 147,030 153,920 189,000 187,990 Trading Securities lorton, Inc. common (5,120 shares) Monty, Inc. preferred (3,770 shares) Oakwood Corp. common (1,080 shares) On October 10, 2017, the Horton shares were sold at a price of $53 per share. In addition, 3,270 shares of Patriot common stock were acquired at $54 per sh November 2, 2017. The December 31, 2017, fair values were Monty $118,160, Patriot $142,200, and the Oakwood $201,620. Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2017.(Credit account title automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and en the amounts.) Date Account Titles and Explanation Debit Credit

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