Jerrod Company owns the following securities, which it is interested in selling: begin{tabular}{llrcr} hline multicolumn{1}{c}{ Security }

Question:

Jerrod Company owns the following securities, which it is interested in selling:

\begin{tabular}{llrcr}

\hline \multicolumn{1}{c}{ Security } & \multicolumn{1}{c}{ Type } & Cost & Market Adjustments & Market Price \\

\hline Monsen Company & Available-for-sale & $\$ 4,000$ & $\$ 300$ increase & $\$ 5,000$ \\

Jensen Company & Trading & 7,500 & 1,000 decrease & 5,500 \\

Stic Company & Available-for-sale & 3,200 & 500 increase & 4,000 \\

Larouse Company & Held-to-maturity & 10,000 & No change & 11,000 \\

\hline

\end{tabular}

Prepare the journal entry to record the sale of these securities.

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I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening. My Expert Service Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities

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