Prepare Trading Securities Journal entries

I Trading Securities The company invests in trading securities. Year end market prices were : : Security Price per shar Shares l Security X 4 4,000 -. Security Y 7 2,000 IS ecun'ty Z 16 1,500 HAL 29 1,000 The company held 4,000 shares of X 2,000 shares of Y and 1,500 shares of Z at 12:91:90. The company owns 1,000 shares ofHAL Corp, which are also trading securities (used to he held for sale). I At the end of20Q0, HAL was priced at $29 per share. Extension Total 16,000 14,000 24,000 29,000 8 3,000