Kitty Company began operations in 2016 and maintains short-term investments in trading securities. The year-end cost and fair values for its portfolio of these investments follow Portfolio of Trading Securities December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 Cost $ 85 Fair Value 94 79 $ 59 84 104 Prepare journal entries to record each December 31 year-end fair value adjustment for these above securities. View transaction list Journal entry worksheet 4 Record the year-end adjustment to fair value, if any Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2016 Record entry Clear entry View general journal