Journ Co. purchased short-term investments in available for sale securities at a cost of $61,000 on November 25, 2017 At December 31, 2017, these securities had a fair value of $59,600. This is the first and only time the company has purchased such securities 1. & 3. Prepare the December 31, 2017 year-end adjusting entry for the securities portfolio and the April 6, 2018, entry when Journ sells one-half of these securities for $33.280 Journal entry worksheet Record the fair vale adjustment for the securities at December 31, 2017. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2016 Journal entry worksheet Prepare the April 6, 2018, entry when Journ sells one-half of these securities for $33,280. Note: Enter debits before credits escorts before credits: Date Apr 06, 2018 General Journal Debit Credit