Marshall Corp. had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in available-for-sale securities during 2017, Apr. 16 Purchased 5,500 shares of Haven Co. stock at $28 per share plus a $550 brokerage fee. May 1 Paid $160,000 to buy 3-month U.S. Treasury bills (debt securities): $160,000 principal amount, 10% interest, securities mature on July 31. July 7 Purchased 3,500 shares of BGJ Co. stock at $53 per share plus a $700 brokerage fee. 20 Purchased 1,600 shares of JCW Co. stock at $20 per sbare plus a $320 brokerage fee. Aug. 1 Received a check for principal and accrued interest on the u.s. Treasury bills that matured on July 31. 15 Received an $1.20 per share cash dividend on the Haven Co. stock. 28 Sold 3,300 shares of Haven Co. stock at $31 per share less a $660 brokerage fee. Oct. 1 Received a $3.70 per share cash dividend on the BGJ Co. shares. Dec. 15 Received a $1.40 per share cash dividend on the remaining Haven Co. shares. 31 Received a $3.10 per share cash dividend on the BGJ Co. shares. Requirement General Joumal General Ledger Trial Balance Fair Value Adj Transaction Analysis Fin St Impact General Journal tab - Prepare the required journal entries for each of the transactions of Marshall Corp. for the current year. Prepare the adjustment to fair value for the available-for-sale portfolio General Ledger and Trial Balance tabs -The cost of each of the available-for-sale securities can be found on the General Ledger and/or Trial balance tabs Fair Value Adjustment tab - Calculate the total cost and total fair value of the available-for-sale portfolio, and then use the 3-step adjusting entry process to calculate the amount of the year-end adjustment to fair value Transaction Analysis tab - For each transaction, indicate the total impact on assets and equity. If oquity changed, indicate whether the change was a Financial Statement impact tab - Prove the accuracy of the totals on the Transaction Analysis tab by selecting the account titles that report the total change in income and equity. RE General Journal Marshall Corp. had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in available-for-sale securities during 2017, Apr. 16 Purchased 5,500 shares of Haven Co. stock at $28 per share plus a $550 brokerage fee. May 1 Paid $160,000 to buy 3-month U.S. Treasury bills (debt securities): $160,000 principal amount, 10% interest, securities mature on July 31. July 7 Purchased 3,500 shares of BGJ Co. stock at $53 per share plus a $700 brokerage fee. 20 Purchased 1,600 shares of JCW Co. stock at $20 per sbare plus a $320 brokerage fee. Aug. 1 Received a check for principal and accrued interest on the u.s. Treasury bills that matured on July 31. 15 Received an $1.20 per share cash dividend on the Haven Co. stock. 28 Sold 3,300 shares of Haven Co. stock at $31 per share less a $660 brokerage fee. Oct. 1 Received a $3.70 per share cash dividend on the BGJ Co. shares. Dec. 15 Received a $1.40 per share cash dividend on the remaining Haven Co. shares. 31 Received a $3.10 per share cash dividend on the BGJ Co. shares. Requirement General Joumal General Ledger Trial Balance Fair Value Adj Transaction Analysis Fin St Impact General Journal tab - Prepare the required journal entries for each of the transactions of Marshall Corp. for the current year. Prepare the adjustment to fair value for the available-for-sale portfolio General Ledger and Trial Balance tabs -The cost of each of the available-for-sale securities can be found on the General Ledger and/or Trial balance tabs Fair Value Adjustment tab - Calculate the total cost and total fair value of the available-for-sale portfolio, and then use the 3-step adjusting entry process to calculate the amount of the year-end adjustment to fair value Transaction Analysis tab - For each transaction, indicate the total impact on assets and equity. If oquity changed, indicate whether the change was a Financial Statement impact tab - Prove the accuracy of the totals on the Transaction Analysis tab by selecting the account titles that report the total change in income and equity. RE General Journal