Will Rate Immediately

1. Mark-to-market journal entry for the Smith Co. security at 12/31/Year 1: Account Name Debit Credit Information The following information pertains to Fox Inc.'s portfolio of marketable securities for the year ended December 31, Year 1, and December 31, Year 2: 2. Mark-to-market journal entry for the Jones Co. security at 12/31/Year 1: Fair Value at 12/31/ Year 1 Year 2 Activity: Purchases Year 2 Activity: Sales Fair Value at 12/31/ Year 2 Account Name Debit Credit Cost $235,000 $285,000 Marketable Equity Securities Smith Co. Jones Co. Williams Co. Gores Co. Held-to-Maturity Debt Securities Martin Co. $230,000 $290,000 $270,000 $250,000 $240,000 $275,000 $245,000 $235,000 $255,000 3. Mark-to-market journal entry for the Williams Co. security at 12/31/Year 1: N/A $265,000 Account Name Debit Credit $1,400,000 $1,250,000