Proble Trading Securities Antoni Annelon, Inc. provided you with the following information regarding investments in trading securities Investment (Company name) Shirley Semolina Lauren's Lasagna Claribel Capelin Robbie Rigatoni During December the following transactions occurred 9-Dec 16-Dec 20-Dec 31-Dec Jasmin Marmal 30-Nov-23 Fair Share Cost 2000 $ 130,000 $ 114,000 1000 5 70,000 $ 69,000 1500 5 121,500 5 126,000 2000 76,000 $ 80,000 $ 397,500 $ 383,000 500 200 1500 1000 shrs of Shirley Semolina were sold for shes of Lauren's Lasagna were sold for shes of Victoria's Sono Buoni were acquired for shes of Robble Rigatoni were sold for 27,500 $3,600 $ 63,000 40,000 On December 31, 2023, the following securities remained in the Dr. Brenner's trading portfolio: Investment (Company name) Shirley Semolina Lauren's Lasagna Claribel Capellini Robbie Rigatoni Victoria's Sen Bu Instructions: Prepare 31-Dec-23 Fair Valve 1500 97,500 35,000 200 14,000 14,000 1500 121,500 128,500 1000 38,000 40,000 1500 63,000 $7,000 334,000 339,300 the adjusting journal entry required on November 30, 2023 Assume $5,200 DEBIT balance in the securities fair value adjustment account price to adjustment b the journal entries to record the December purchase & sale transactions the adjusting journal entry required on December 31, 2023 Problem #3 Trading Securities Antoni Anneloni, Inc. provided you with the following information regarding investments in trading securities: Investment (Company name) Shirley Semolina Lauren's Lasagna Claribel Capellini Robbie Rigatoni During December the following transactions occurred: 30-Nov-23 Shares Cost Fair Value 2000 1000 1500 2000 3555S $ 130,000 $ 114,000 $ 70,000 $ 69,000 $ 121,500 $ 126,000 $ 76,000 $ 80,000 $ 397,500 389,000 9-Dec 500 16-Dec 800 shrs of Shirley Semolina were sold for shrs of Lauren's Lasagna were sold for 20-Dec 1500 31-Dec 1000 shrs. of Victoria's Sono Buoni were acquired for shrs of Robbie Rigatoni were sold for 5555 $ 27,500 $ 53,600 $ 63,000 40,000 On December 31, 2023, the following securities remained in the Dr. Brenner's trading portfolio: Investment (Company name) Shirley Semolina Lauren's Lasagna Claribel Capellini Robbie Rigatoni Victoria's Sono Buoni 31-Dec-23 Fair Value 1500 97,500 99,000 200 14,000 14,800 1500 121,500 128,500 1000 38,000 40,000 1500 63,000 57,000 334,000> 339,300 Instructions: Prepare: the adjusting journal entry required on November 30, 2023 Assume $5,200 DEBIT balance in the securities fair value adjustment account prior to adjustment b the journal entries to record the December purchase & sale transactions the adjusting journal entry required on December 31, 2023