year-end cost and fair values for its portfolio of these debt investments follow. ons in the current year and acquired short-term debt investments in trading securities. The Portfolio of Trading Securities Cost Fair Value Tesla Bonds $18,000 $13,500 Nike Bonds 28,000 29,400 Ford Bonds 7,000 5,600 QS 15-4 Fair value adjustment to a portfolio of trading securities LO P1 Prepare journal entry to record the December 31 year end fair value adjustment for the debt securities View transaction ist Journal entry worksheet Record the year-end adjustment to fair value, if any. Hotel Enter debits before credits General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal (1) After the fair value adjustment is made, prepare the assets section of Kitty Company's December 31 classified balance sheet (2) In which income statement section is the unrealized gain (or loss) on the portfolio of trading securities reported? Complete this question by entering your answers in the tabs below. Required 1 Required 2 After the fair value adjustment is made, prepare the assets section of Kitty Company's December 31 classified balance sheet. Amounts to be deducted should be indicated with a minus sign.) KITTY COMPANY Assets Section of Balance Sheet December 31 Assets Required 2 > (1) After the fair value adjustment is made, prepare the assets section of Kiny Company's December 31 closified balance sheet (2) In which income statement section is the unrealized gain for loun) on the portfolio of trading securities reported Complete this question by entering your answers in the tabs below. Required Required in which income statement section is the realized gain (or loss) on the portfolio of trading securities reportef? in which incontestant section is the realized on folur one to focus on