Dr$.$ Brenner Inc. provided you with the following information

regarding investments in trading securities:

During December the following transactions occurred:

On December $31,2023,$ the following securities remained in the Dr$.$ Brenner's trading

portfolio:

$31-$Dec$-23$

Fair

Value

Instructions: Prepare:

a

the adjusting journal entry required on November $30,2023$

Assume $$5,200$ credit balance in the securities fair value adjustment account

prior to adjustment

b

the journal entries to record the Decermber purchase & sale transactions

c

the adjusting journal entry required on December $31,2023$