Journ Co. purchased short-term investments in available-for-sale securities at a cost of $73,000 on November 25, 2017. At December 31, 2017, these securities had a fair value of $67,700. 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 $37,960 View transaction list Journal entry worksheet < Record the fair vale adjustment for the securities at December 31, 2017. Note: Enter debits before credits. Date Dec 31, 2016 General Journal Debit Credit