Check my work Use the following information for the Quick Study below. (Algo) [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. Trading Securities Tesla Bonds Nike Bonds Ford Bonds Cost $ 12,900 21,200 5,300 Fair Value $ 9,675 22,260 4,240 QS 15-4 (Algo) Fair value adjustment to a portfolio of trading securities LO P1 Prepare the journal entry to record the December 31 year-end fair value adjustment for these debt securities. View transaction list View journal entry worksheet Debit No Credit General Journal Date 1 December 31 Unrealized loss - Income Fair value adjustment - Trading BU