Sheridan Company has the following data at December 31, 2020, Securities Trading Available for sale Cost $118.200 103.400 Fair Value $123,300 90,600 The available-for-sale securities are held as a long-term investment. Prepare the adjusting entries to report: (1) Trading securities at fair value and (2) Available-for-sale securities at fair value (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit (1) (2) Prepare the adjusting entries to report: (1) Trading securities at fair value and (2) Available for sale securities at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit (2) e Textbook and Media List of Accounts Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts. Sheridan Company Balance Sheet (Partial) Sheridan Company Income Statement (Partial) Sheridan, Company Comprehensive Income Statement e Textbook and Media