Prepare Journal Entries to record the following selected transactions of Dames Co. whose fiscal year-end is December 31, 2020 Show the adjustment entry required on December 31, 2020 2020 July Aug 1Purchased 500 shares of $10 par common shares of Texaco for $5.100 1Purchased 2.000 shares of the 12,000 shares 52 par common shares of Shell at the market price of $12 per share Received a cash dividend of 21 cents per share on the Texaco Corporation Sept 15 Sept Received a cash dividend of 50 cents per share on the Shell Oct Sold 100 shares of the Texaco Corporation shares for $2.100 Dac 31 The Market value of the Texaco shares was $12 por share and that of Shell was 58 per share