Journ Company purchased short-term investments in available-for-sale debt securities at a cost of $50,300 cash on November 25 . At December 31 , these securities had a fair value of $47,600. This is the first and only time the company has purchased such securities. 1. 2. \& 3. Prepare the November 25 entry to record the purchase of debt securities, the December 31 year-end adjusting entry for the securities' portfolio, and the April 6 entry when Journ sells 9% of these securities ($4,527 cost) for $5,700 cash. Journal entry worksheet Record purchase of avallable-forisale securities. Note: Enter debits before credts. Journal entry worksheet 1 Record the year-end adjustment to fair value, if any. Note: Enter debits before credits. Journal entry worksheet 1 Record sale of 9% of available-for-sale securities. Note: Enter debits before credits