Smith Corp. shares were sold at the end of 1988 for $29,750. The market values of the securities at the end of 1986,1987 , and 1988 were as follows: Required: Prepare the necessary entries for 1986, 1987, and 1988 for the of securities, and show how the securities would be reported on the balance end of 1986,1987 , and 1988 (13:(15 Marks) Presented below is certain information nertaininu to lidson Company. Smith Corp. shares were sold at the end of 1988 for $29,750. The market values of the securities at the end of 1986,1987 , and 1988 were as follows: Required: Prepare the necessary entries for 1986, 1987, and 1988 for the of securities, and show how the securities would be reported on the balance end of 1986,1987 , and 1988 (13:(15 Marks) Presented below is certain information nertaininu to lidson Company