prepare the journal entries

WE financial assets at FVTOCI. Dec. 31, 2020. The market price is $52,000. Prepare the adjusting entry to record the change in fair value. Dec 31, 2020. Prepare the closing entry for the change in fair value. Jan. 1, 2021. Sold 50 Petal Co, bonds for $52,000. Jan. 1, 2021. Prepare the adjusting entry for the investment (reclassification), Dec 31, 2021. Prepare the closing entry related to the investment. WE financial assets at FVTOCI. Dec. 31, 2020. The market price is $52,000. Prepare the adjusting entry to record the change in fair value. Dec 31, 2020. Prepare the closing entry for the change in fair value. Jan. 1, 2021. Sold 50 Petal Co, bonds for $52,000. Jan. 1, 2021. Prepare the adjusting entry for the investment (reclassification), Dec 31, 2021. Prepare the closing entry related to the investment