Loreal-American Corporation purchased several marketable securities during 2024. At December 31, 2024, the company had the Investments in bonds listed below. None was held at the last reporting date, December 31, 2023, and all are considered securities available-for-sale. Required: 1. Piepare appropriate adjusting entry at December 31,2024 2. What amount would be reported in the income statement at December 31,2024 , as p result of the adjusting entry? Complete this question by entering your answers in the tabs below. Prepare abpropitate adjusting entry at December 31,2024. Note: if no entry is inchund for as transaction/event, selnkt "No journal estry required" in the firs account finid Loreal-American Corporation purchased several marketable securities during 2024. At December 31, 2024, the company had the Investments in bonds listed below. None was held at the last reporting date, December 31, 2023, and all are considered securities available-for-sale. Required: 1. Piepare appropriate adjusting entry at December 31,2024 2. What amount would be reported in the income statement at December 31,2024 , as p result of the adjusting entry? Complete this question by entering your answers in the tabs below. Prepare abpropitate adjusting entry at December 31,2024. Note: if no entry is inchund for as transaction/event, selnkt "No journal estry required" in the firs account finid