Question No. 2 The marketable securities account of your client, STUVWXYZ Corp. appears as follows for the year 2020 Jan. 1 Balance Marketable Securities (Trading) 2,350.000 Sept. 11 4,762.50 Nov. 30 650.00 4,762.50 June 3 From your examination of pertinent documents, you discovered the following: 1. The opening balance was composed of: 25 shares of Lie Company preference purchased at P42 per share 20 shares of Lipay Co. ordinary shares purchased at P65 per share 2. On March 15, the client received 5 shares of Lipay Company ordinary as share dividend. Market value of Lipay Company ordinary shortly after declaration of this dividend was P73 per share 3. On September 11, the company sold 10 shares of Lipay Co. at P65 per share. 4. The market value per share of December 31 are as follows: P45 Lie Company Lipay Company 55 e vas Required: Prepare an analysis of the marketable securities account in good form (produce your own concept of an audit working papers with appropriate columns) including an indication of the verification work you would have performed on the job, and any adjusting entries you feel are necessary to correct the amounts as stated. va com Question No. 2 The marketable securities account of your client, STUVWXYZ Corp. appears as follows for the year 2020 Jan. 1 Balance Marketable Securities (Trading) 2,350.000 Sept. 11 4,762.50 Nov. 30 650.00 4,762.50 June 3 From your examination of pertinent documents, you discovered the following: 1. The opening balance was composed of: 25 shares of Lie Company preference purchased at P42 per share 20 shares of Lipay Co. ordinary shares purchased at P65 per share 2. On March 15, the client received 5 shares of Lipay Company ordinary as share dividend. Market value of Lipay Company ordinary shortly after declaration of this dividend was P73 per share 3. On September 11, the company sold 10 shares of Lipay Co. at P65 per share. 4. The market value per share of December 31 are as follows: P45 Lie Company Lipay Company 55 e vas Required: Prepare an analysis of the marketable securities account in good form (produce your own concept of an audit working papers with appropriate columns) including an indication of the verification work you would have performed on the job, and any adjusting entries you feel are necessary to correct the amounts as stated. va com