At December $31,2024,$ the Fair Value Adjustment$-$Trading account had a debit balance of $$2,600,$ and the Fair Value Adjustment$-$

Available$-$for$-$Sale account had a credit balance of $$6,200.$

Prepare the required journal entries for each group of securities for December $31,2025.($List all debit entries before credit entries. Credit

account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the

account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Trading securities:

Unrealized Gain or Loss$-$Income

Fair Value Adjustment$-$Trading

Available$-$for$-$sale securities:

Fair Value Adjustment$-$Available$-$For$-$Sale

Unrealized Gain or Loss$-$Equity

Debit

Credit