On January 1,20Y3, Valuation Allowance for Trading Investments had a zero balance. On December 31,20Y3, the cost of the trading securities portfolio was $346,000, and the fair value was $309,000. Required: Journalize the December 31,20Y3, adjusting entry to record the on trading investments. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Chart of Accounts 193 Office Equipment 535 Rent Expense 194 Accumulated Depreciation-Office Equipment 537 Office Supplies Expense 562 Depreciation Expense-Office Equipment LIABILITIES 590 Miscellaneous Expense 210 Accounts Payable 710 Interest Expense 221 Notes Payable 731 Loss on Sale of Investments 231 Interest Payable 741 Unrealized Loss on Trading Investments 241 Salaries Payable EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Treasury Stock 332 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 350 Unrealized Gain (Loss) on Available-for-Sale Investments 351 Cash Dividends 352 Stock Dividends Journalize the December 31,20Y3, adjusting entry to record the on trading investments. Refer to the chart of accounts for the exact wording of the account titles. CNOWjournals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered