Jets Bancorp Inc. purchased a portfolio of trading securities during 20Y3. The cost and fair value of this portfolio on December 31, 20Y3, was as follows: 1 Name 2 Dolphins Inc. 3 Marino Company 4 Namath Company 5 Total Number of Shares Total Cost Total Fair Value 1,200.00 $25,200.00 $26,400.00 1,280.00 32,000.00 26,880.00 850.00 30,600.00 27,200.00 $87,800.00 $80,480.00 Journalize the entry to record the adjustment of the trading security portfolio to fair value on December 31, 2013. Refer to the Chart of Accounts for exact wording of account titles. Journalize the entry to record the adjustment of the trading security portfolio to fair value on December 31, 20Y3. Refer to the Chart of Accounts for exact wording of account titles. DATE DESCRIPTION 1 2 JOURNAL PAGE 10 ACCOUNTING EQUATION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY