Korman Company has the following securities in its portfolio of equity securities on December 31, 2018:

		Cost		Fair Value
5,000 shares of Thomas Corp., Common		$149,000		$138,000
10,000 shares of Gant, Common		180,000		187,000
		$329,000		$325,000

All of the securities had been purchased in 2018. In 2019, Korman completed the following securities transactions:

March 1		Sold 5,000 shares of Thomas Corp., Common @ $30.80 less fees of $1,500.
April 1		Bought 580 shares of Werth Stores, Common @ $43 plus fees of $500.

The Korman Company portfolio ofequity securities appeared as follows on December 31, 2019:

		Cost		Fair Value
10,000 shares of Gant, Common		$180,000		$190,000
580 shares of Werth Stores, Common		25,440		23,540
		$205,440		$213,540

Prepare the general journal entry for Korman Company for the 2018 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
12-31-18

SHOW LIST OF ACCOUNTS

Prepare the general journal entry for Korman Company for the sale of the Thomas Corp. stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
3-1-19

SHOW LIST OF ACCOUNTS

Prepare the general journal entry for Korman Company for the purchase of the Werth Stores' stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
4-1-19

SHOW LIST OF ACCOUNTS

Prepare the general journal entry for Korman Company for the 2019 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
12-31-19