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Pls show work. Thanks! Recording Entry for Sale of TS Debt Trading Securities Adjust FVA at Sale and Year-End Henry Inc. purchased $30,000 of Container

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Recording Entry for Sale of TS Debt Trading Securities Adjust FVA at Sale and Year-End Henry Inc. purchased $30,000 of Container Corporation's 5% bonds at par. The purchase was made on January 1, 2020, and the investment was classified as a trading security. On June 30, 2020, Henry Inc. received semiannual interest of $750. On that date, the bond was adjusted to its fair value of $28,800. Then, Henry Inc. sold its holdings of Container Corporation bonds on July 2, 2020, for $28,800. Record the sale of the debt investment, eliminating the Fair Value Adjustment account upon sale. Note: List multiple debits or credits (when applicable) in alphabetical order. Date Account Name Dr. July 2, 2020 . Cr. Check Cash & question es Interest Receivable Investment in TS Fair Value Adjustment--TS Investment in AFS Securities Fair Value Adjustment--AFS Investment in HTM Securities Investment in Stock Fair Value Adjustment-Equity Securities Fair Value Adjustment--Fair Value Option Allowance for Credit Losses Accumulated Other Comprehensive Income Unrealized Gain or Loss-OCI Unrealized Gain or Loss--Income Dividend Revenue Interest Revenue Investment Income Loss on Impairment Recovery of Loss on Impairment Loss on Sale of Investment 's 5% bond une 30, 20 Then, Her Fair Value in alphab Dr. Investment in TS Fair Value Adjustment--TS g question Investment in AFS Securities Fair Value Adjustment--AFS es Investment in HTM Securities Investment in Stock Fair Value Adjustment--Equity Securities Fair Value Adjustment--Fair Value Option Allowance for Credit Losses I's 5% bon Accumulated Other Comprehensive Income une 30, 20 Unrealized Gain or Loss-OCI Unrealized Gain or Loss--Income Then, Her Dividend Revenue Interest Revenue Fair Value Investment Income Loss on Impairment in alphat Recovery of Loss on Impairment Loss on Sale of Investment Gain on Sale of Investment N/A Dr

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