UUESTION 19 On October 1, 2018, North Co. invested excess cash of $80,000 by purchasing bonds of South Inc. At year-end, December 31, 2018, the market price of the bonds was $77,000. The investment is categorized as a trading debt investment. Journalize the adjusting entry needed at December 31, 2018 Fair Value Adjustment--Trading 3,000 Unrealized Holding Gain--Trading 3,000 Fair Value Adjustment --Trading 3,000 Gain on Disposal 3,000 3,000 3,000 Loss on Disposal Fair Value Adjustment--Trading Unrealized Holding Loss--Trading Fair Value Adjustment--Trading 3,000 3.000 QUESTION 20 A corporation originally issued $7 par value common stock for S13 per share. It purchased the stock for $18 per share. Which of the following is included in the entry to record the sale of 20 shares of treasury stock for $19 per share? Paid In Capital from Treasury Stock Transactions is credited for $360. Treasury Stock-Common is debited for $360 Treasury Stock-Common is credited for $380. Paid-in Capital from Treasury Stock Transactions is credited for $20