In January 2020, the management of Pharoah SE concludes that it has sufficient cash to permit some short-term investments in debt and stock securities. During the year, the following transactions occurred. Feb.1 Purchased 500 ordinary shares of Superior for 625,000 . Mar. 1 Purchased 700 ordinary shares of Pawlik for 17,500. Apr. 1 Purchased 701,020,8% Venice bonds for 71,400. Interest is payable semiannually on October 1 and April 1. July 1 Received a cash dividend of 60.60 per share on the Superior ordinary shares. Aug. 1 Sold 167 ordinary shares of Superior at 60 per share. Sept. 1 Received a 1 per share cash dividend on the Pawlik ordinary shares. Oct. 1 Received the interest on the Venice bonds. Oct. 1 Sold the Venice bonds for 670,400 . At December 31, the fair value of the Superior ordinary shares was 651 per share. The fair value of the Pawlik ordinary shares was E24 per share. Journalize the transactions and post to the accounts Debt Investments and Share Investments, (Use the T-account form.) (Record joumal entries in the order presented in the problem. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Do not leave any answer field blank, Enter O for amounts) Question 4 of 4 140 Aug. 1 Sept: 1 Oxt1 (To record the recelpt of interest on Venlce bonds) Dec.31? Share Investments Debt Investments eTextbook and Media Prepare the adjusting entry at December 31,2020 , to report the investment securities at fair value. All securities are considered to be trading securities Pharoah has no significant influence over its share investments. (Credit account titfes are automotically indented when amount is entered. Do not indent manually. If no entry is required, select " No entry" for the account tities and enter O for the amounts.) Show the statement of financial position presentation of investment securities at December 31,2020. Give the statement classification of each income statement account