Prepare the general journal entry for Swifty Company for the 2021 adjusting entry.

Prepare the general journal entry for Swifty Company for the sale of the Thomas Corp. stock

Prepare the general journal entry for Switfy Company for the purchase of the Werth Stores' stock.

Prepare the general journal entry for Switfy Company for the 2022 adjusting entry.

Current Attempt in Progress Swifty Corporation has the following securities in its portfolio of equity securities on December 31, 2021: Cost Fair Value 5,000 shares of Thomas Corp., Common $149,000 $136,900 10,000 shares of Gant, Common 180,000 188,700 $329,000 $325,600 All of the securities had been purchased in 2021. In 2022, Swifty Corporation completed the following securities transactions: March 1 Sold 5,000 shares of Thomas Corp., Common @ $31 less fees of $1,500. April 1 Bought 590 shares of Werth Stores, Common @ $45 plus fees of $580. The Swifty Corporation portfolio of equity securities appeared as follows on December 31, 2022: Cost Fair Value 10,000 shares of Gant, Common $180,000 $190,800 590 shares of Werth Stores, Common 27,130 25,020 $207,130 $215,820