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ADJUST Hw ustrant A A MA f r e 17.20 Accounting for trading series (artfolio During 2019, Sunshine in purchased the following trading series GuLess - Portfolio Acts as exte entity Cott Weer CoCommon $12.00 10% US Treasury Notes $18,000 co Bonds $27,000 At the beginning of 2019, Sunshine had zero balance in the account Martel Adjustment Trading Securities REQUIRED: 1. What entry would be made at year-end auming the above values? 2. What entry would be made during 2000 ming one-half of the Wester Co. common s i te 57,000? 3. Assume that each of the following cases is independent What entry would be made the end of 2020 assuming: (a) the market value of remaining securities $45,000? the market value of remaining securities is 48,000) (d the market value of remaining securities is $55.000? CONTRAST Cancel Done