Check 1 Required Information [The following information applies to the questions displayed below.) Kitty Company began operations in the current year and acquired short-term debt investments in trading securities. The year-end cost and fair values for its portfolio of these debt investments follow. 5 points Portfolio of Trading Securities Tesla Bonds Nike Bonds Ford Bonds Cost $15,600 24,800 6,200 Fair Value $11,700 26,040 4,960 eBook Hint Prepare journal entry to record the December 31 year-end fair value adjustment for the debt securities. Print View transaction list References Journal entry worksheet