Uttinger Company has the following data at December 31, 2015.

Securities: Cost Fair Value

Trading $120,640 $126,650

Avaliable-for sale 103,440 90,380

*the avaiable-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 0 for the amounts.)

No. Account Titles & Explantion Debit Credit

1. ______________ _________ __________

________________ __________ __________

2. ______________ _________ __________

________________ __________ __________

Indicate the statment presentation of each class of securites

Uttinger Company

Balance Sheet (partial)

Decemeber 31, 2015

_________________

_________________ $_____________________

_________________

_________________ $_____________________

_________________

______(add or less) _________________ $__________________

Indicate the related unrealized gain(loss) accounts

Uttinger Company

Income statment (partial)

for the year ended Dec. 31, 2015

_________________

__________________ $______________