general journal

Ontario Co's long-term available-for-sale portfolio at the start of this year consists of the following Available-for-Sale Securities Company A bonds Company B notes Company C bonds Cost $ 665,380 186,300 717,950 Fair Value $ 582,400 182,250 805,730 Ontario enters into the following transactions involving its available-for-sale debt securities this year. January 29 Sold one-half of the notes of Company B for $92,340. July 6 Purchased bonds of Company X for $128,800. November 13 Purchased notes of Company Z for $292,600. December 9 Sold all of the bonds of Company A for $652,072. Fair values at December 31 are: B. $95,000; C.$719,000; X, $121,000, and Z. $303,000. Requirement General Journal General Ledger Trial Balance Fair Value Adj Transaction Analysis Prepare journal entries to record each of the transactions and events. Prepare the year-end adjustment to fair va View transaction list Journal entry worksheet 1 > 2 3 4 5