Question 2 (4 marks) [Reference: Topic 4]- A brokerage firm has a position in a securities in "Trading BookA with multiple purchases as shown below:* Purchase date 15th August 17th September 7th October 18th October 5th November Quantity Price (HKD) 42400 20200 28400 51000 40000 Tota 182000 125.600 126.600 123.800 120.800 124.200 The brokerage firm sold 64,600 units at HKD125 per unit on 10 November. Required:- (a) If first-in-first-out convention is adopted, show the appropriate accounting entry for the profit/loss (2 marks)* (b) If last-in-first-out convention is adopted, show the appropriate accounting entry for the profit/loss (2 marks)*