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S\&L Financial buys and selfs secunties expecting to earn profits on short term differences in price. Assume that on December 27 . the bonds had a fali value of $890,000. Prepore journal entries to record (a) any unfealized pains or losses occurring in 2024 and (b) the sale of the bonds in 2025 . Note: If no entry is required for a transection/event, select "No joumal entry required" in the first account field. Journal entry worksheet 2 Record the unrealued gains of lossus occurting of vept end. Anote Entry dethis tefore aredis. S\&t financial buys and sells securities expecting to earn profits on short-term differences in price. Assume that on December 27. 2024, S\&L purchased Coca Cola bonds at par for $894,000 and sold the bonds on Jantary 3,2025 , for $901,500. Ar December 31 . the bonds had a fair value of $890,000. Prepare journal entries to record (a) any untealized gains or losses occurring in 2024 and (b) the sale of the bonds in 2025. Note: If no entry is required for a transoction/event, select "No journal entry required" in the first account field. Journal entry worksheet