Writal entries for trading ifvestments The investments of Charger Inc, include an investment of trading securities of Raidera Inc, purchased on February 24,2017, for 5962,000 , The fair value of the securitie an December 31, 20r7, is $1,274,000. a. Journalize the entries for the February 24. purchase and the adyustment to fair value on December 31,2017 , if an amount bor does not require an entry, leave it blank b. How is a unrealized gain or lose for trading investments reported on the financial statemenes? The unfealized gain of unieahizd loss on trading investments is repolted on the (or a separate item if stgnilicant). Unrealized losses wowly se in deternising net income, nhie urrealied gains would bi in determining net incoste. The unteatized gain on aval able.for-sale investmerito would be resorted as The deber baisnce of Vaiustion Abowasce for Avaluable-fensalt Investments youla be to the bqunice of the investments accouth of 4962,000 to report the feir value of 31,274,000 of ine