CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION *BACK NEXT Exercise H-06 a-b At December 31, 2020, the trading debt securities for Pharoah, Inc. are as follows. Security Cost $16,985 12,930 21,760 B Fair Value $17,030 15,179 18,160 $50,369 Total $51,675 Prepare the adjusting entry at December 31, 2020, to report the securities at fair value. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Show the balance sheet presentation at December 31, 2020, after adjustment to fair value. Pharoah, Inc. (Partial) Balance Sheet Show the income statement presentation at December 31, 2020, after adjustment to fair value. Pharoah, Inc. Income Statement Question Attempts: 0 of 5 used SAVE FOR LATER SUBMIT ANSWE