Journal entries to record investment transactions A hospital purchased 100 shares of stock on june 30 , for $3,100, using its resources without donor restrictions: On December 31 , the date of its financial statements, the stock's fair value was $3,200. On the following November 30 , the hospital sold the stock for $2,800. a) Prepare the journal entries for all related transactions, assuming this was a governmental hospital. If no entry is necessary, select 'No debit (or credit) entry needed' in the account fields and enter 0 in the amount fields. b) Prepare the journal entries for all related transactions, assuming this was a nonprofit hospital If no entry is necessary, select 'No debit (or credit) entry needed' in the account fields and enter 0 in the amount fields