EverOne Corp. has the following securities in its trading portfolio of securities on December 31, 2014.

All of the securities were purchased in 2014.
In 2015, EverOne completed the following securities transactions.
May 1 Sold 500 shares of Swiper Inc., preferred, @ $230 less fees of $2,650.
Oct. 21 Sold the balance of Swiper Inc., preferred, @ $220 plus fees of $3,230.
EverOne Corp.’s portfolio of trading securities appeared as follows on December 31, 2013.

Instructions
Prepare the general journal entries for EverOne Corp. for:
(a) The 2014 adjusting entry.
(b) The May sale of the Swiper stock.
(c) The October sale of the Swiper stock.
(d) The 2015 adjusting entry for the tradingportfolio.

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Investments (Trading) Cost Fair Value 1,200 shares of Dora Corp., common 800 shares of Swiper Inc., preferred 2,500 shares of Boots and Boots, preferred $268,500 199,600 100,000 $568,100 $271,600 209,400 105,600 $586,600 Investments (Trading) Fair Value $268,500 $272,000 100,000 03,900 $368,500 $375,900 Cost 1,200 shares of Dora Corp., common 2,500 shares of Boots and Boots, preferred