Please help

In January 2020, the management of Carla Vista Company concludes that it has sufficient cash to permit some short-term investments in debt and stock securities. During the year, the following transactions occurred. Feb. 1 Purchased 500 shares of Muninger common stock for $25,000. Mar. 1 Purchased 700 shares of Tatman common stock for $17,500. Apr. 1 Purchased 50 $1,050, 6% Yoakem bonds for $52,500. Interest is payable semiannually on April 1 and October 1. July 1 Received a cash dividend of $0.50 per share on the Muninger common stock. Aug. 1 Sold 167 shares of Muninger common stock at $65 per share. Sept. 1 Received a $1 per share cash dividend on the Tatman common stock. Oct. 1 Received the semiannual interest on the Yoakem bonds. Oct. 1 Sold the Yoakem bonds for $51,500.Date Account Titles and Explanation Debit Credit Feb. 1 Stock Investments 25,000 Cash 25,00 Mar. 1 Stock Investments 17,500 Cash 17,50 Apr. 1 Debt Investments 52,500 Cash 52,50 July 1 V Cash 250 Dividend Revenue 25 Aug. 1 V Cash 10,855 Stock Investments 8,35 Gain on Sale of Stock Investments 2,50Sept. 1 V Cash 700 Dividend Revenue 70 Oct. 1 V Cash 1,575 Interest Revenue 1,57 (To record the receipt of semiannual interest on Yoakem bonds) Oct. 1 Cash 51,500 Loss on Sale of Debt Investments 1,000 Debt Investments 52,50 (To record the sale of Yoakem bonds) Stock Investments Feb. 1 V 25,000 Aug. 1 8,350J Your answer is partially correct. Prepare the adjusting entry at December 31, 2020, to report the investment securities at fair value. All securities are considered to be trading securities. (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 Dec. 31 l |