In its first year of operations, Carla Vista Corporation purchased as a long-term investment available-for-sale debt securities costing $69.500. At December 31, 2020. the fair value of the securities is $64.550. Show the financial statement presentation of the securities and related accounts, Assume the securities are noncurrent CARLA VISTA CORPORATION Balance Sheet . $ $ CARLA VISTA CORPORATION Comprehensive Income Statement Balance Sheet $ $ CARLA VISTA CORPORATION Comprehensive Income Statement $ Sheridan Corporation had the following transactions pertaining to debt investments. Purchased 40 9%, $1.700 Leeds Co, bonds for $68,000 cash. Interest is payable annually on January 1, 2020 Accrued interest on Leeds Co. bonds on December 31, 2020. Received interest on Leeds Co, bonds on January 1, 2021. Sold 30 Leeds Co, bonds for $56,100 on January 1, 2021. 1. 2. 3. 4. Journalize the transactions. (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. Record journal al entries es in the order presented in the problem Round answers to decimal places, es. 5,275.) Debit No. Date Account Titles and Explanation Cre 1. 2 3. Journalize the transactions. (Credit account titles are automatically indented whent amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit > >