Sweet Corp. carries an account in its general ledger called Investments, which contained debits for investment purchases, and no credits, with the following descriptions.

Feb. 1, 2020		Sharapova Company common stock, $120 par, 240 shares		$40,300
April 1		U.S. government bonds, 11%, due April 1, 2030, interest payable April 1 and October 1, 108 bonds of $1,000 par each		108,000
July 1		McGrath Company 12% bonds, par $45,000, dated March 1, 2020, purchased at 104 plus accrued interest, interest payable annually on March 1, due March 1, 2040		48,600

Prepare entries necessary to classify the amounts into proper accounts, assuming that the debt securities are classified as available-for-sale. (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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit
Unrealized Holding Gain or Loss - EquityInterest ReceivableInterest RevenueCashUnrealized Holding Gain or Loss - IncomeEquity InvestmentsNo EntryDebt InvestmentsInvestmentGain on Sale of InvestmentsFair Value Adjustment
InvestmentFair Value AdjustmentGain on Sale of InvestmentsUnrealized Holding Gain or Loss - EquityEquity InvestmentsUnrealized Holding Gain or Loss - IncomeInterest ReceivableCashInterest RevenueNo EntryDebt Investments
Debt InvestmentsCashUnrealized Holding Gain or Loss - IncomeGain on Sale of InvestmentsUnrealized Holding Gain or Loss - EquityInterest ReceivableNo EntryInvestmentInterest RevenueFair Value AdjustmentEquity Investments
No EntryInterest RevenueUnrealized Holding Gain or Loss - EquityInterest ReceivableEquity InvestmentsGain on Sale of InvestmentsDebt InvestmentsFair Value AdjustmentUnrealized Holding Gain or Loss - IncomeCashInvestment

List of Accounts

Prepare the entry to record the accrued interest and the amortization of premium on December 31, 2020, using the straight-line method. (Round answers to 0 decimal places, e.g. 2,500. 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 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31, 2020	Gain on Sale of InvestmentsUnrealized Holding Gain or Loss - IncomeInvestmentInterest RevenueDebt InvestmentsEquity InvestmentsCashUnrealized Holding Gain or Loss - EquityNo EntryInterest ReceivableFair Value Adjustment
	No EntryUnrealized Holding Gain or Loss - IncomeUnrealized Holding Gain or Loss - EquityInvestmentGain on Sale of InvestmentsCashEquity InvestmentsDebt InvestmentsInterest ReceivableFair Value AdjustmentInterest Revenue
	CashInterest RevenueGain on Sale of InvestmentsInvestmentDebt InvestmentsFair Value AdjustmentInterest ReceivableUnrealized Holding Gain or Loss - EquityUnrealized Holding Gain or Loss - IncomeEquity InvestmentsNo Entry

List of Accounts

The fair values of the investments on December 31, 2020, were:

Sharapova Company common stock		$31,600
U.S. government bonds		113,200
McGrath Company bonds		55,700

What entry, if any, would you recommend be made? (Round answers to 0 decimal places, e.g. 2,500. 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 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31, 2020	No EntryFair Value AdjustmentInterest ReceivableCashGain on Sale of InvestmentsUnrealized Holding Gain or Loss - IncomeDebt InvestmentsInvestmentInterest RevenueUnrealized Holding Gain or Loss - EquityEquity Investments
	CashNo EntryInterest ReceivableInterest RevenueUnrealized Holding Gain or Loss - EquityUnrealized Holding Gain or Loss - IncomeGain on Sale of InvestmentsInvestmentDebt InvestmentsEquity InvestmentsFair Value Adjustment
	(Entry for debt investment)
	Fair Value AdjustmentNo EntryInvestmentInterest ReceivableUnrealized Holding Gain or Loss - IncomeEquity InvestmentsGain on Sale of InvestmentsCashInterest RevenueUnrealized Holding Gain or Loss - EquityDebt Investments
	No EntryCashEquity InvestmentsUnrealized Holding Gain or Loss - EquityInterest ReceivableInterest RevenueFair Value AdjustmentGain on Sale of InvestmentsInvestmentUnrealized Holding Gain or Loss - IncomeDebt Investments
	(Entry for equity investment)

List of Accounts

The U.S. government bonds were sold on July 1, 2021, for $114,000 plus accrued interest. Give the proper entry. (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 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Jul. 1, 2021	Unrealized Holding Gain or Loss - EquityInvestmentCashUnrealized Holding Gain or Loss - IncomeFair Value AdjustmentNo EntryInterest RevenueInterest ReceivableDebt InvestmentsEquity InvestmentsGain on Sale of Investments
	Interest RevenueUnrealized Holding Gain or Loss - IncomeEquity InvestmentsNo EntryInterest ReceivableCashInvestmentGain on Sale of InvestmentsUnrealized Holding Gain or Loss - EquityDebt InvestmentsFair Value Adjustment
	Unrealized Holding Gain or Loss - IncomeNo EntryCashInterest RevenueEquity InvestmentsGain on Sale of InvestmentsInterest ReceivableUnrealized Holding Gain or Loss - EquityDebt InvestmentsInvestmentFair Value Adjustment
	Unrealized Holding Gain or Loss - IncomeGain on Sale of InvestmentsFair Value AdjustmentInterest ReceivableNo EntryEquity InvestmentsUnrealized Holding Gain or Loss - EquityInvestmentInterest RevenueDebt InvestmentsCash