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Marigold Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Cost Fair Value Horton, Inc.

Marigold Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Cost Fair Value Horton, Inc. common (5,340 shares) $229.620 $214,770 Monty, Inc. preferred (3,430 shares) 133.770 140,490 Oakwood Corp.common (1,040 shares) 190,320 189,290 On October 10, 2020, the Horton shares were sold at a price of $53 per share. In addition, 3,210 shares of Patriot common stock were acquired at $54 per share on November 2, 2020. The December 31, 2020, fair values were Monty $105,670, Patriot $139,790, and Oakwood $204,600. Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2020. (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 O for the amounts.) Date Account Titles and Explanation Debit

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