Please read the blue directions carefully and make sure to show work along with formula/cells used that would work with any numbers provided.

A B E F G H 1 2 3 4 Sheffield Farm Company purchased bonds at face amount as a trading security investment in early 2019. The company is now ready to sell the bond investment on June 20, 2020. 5 6 7 8 9 10 Facts: Cost and face amount of the investment Fair value on December 31, 2019 Fair value on June 20, 2020 $57,200 55,900 61,600 Available accounts: Fair Value Adjustment Gain on Investments (unrealized, NI) Gain on Investments (unrealized, OCI) Gain on Investments Loss on Investments (unrealized, NI) Loss on Investments (unrealized, OCI) Loss on Investments 11 12 13 14 15 16 17 Joumalize the transaction to adjust the bond investment to fair value on June 20, 2020, just before the transaction for the sale is recorded. Use only cell references and formulas in the Account, Debit, and Credit columns. All formulas should work for not only the amounts given, but also if any/all of the amounts provided were different. Account Debit Credit Date 6/20 18 19 20 21 22 23 24 25 26 27 28 29 30 What is the balance in the Fair Value Adjustment account after the 6/20 journal entry above? Also, select Debit or Credit from the dropdown to indicate the type of balance it has. $ Enter Debit or Credit