Trans America Trust Co. owns both trading and available-for-sale securities. The securities shown on page 14-70 were owned on December 31, 2012.
Trading Securities:

Available-for-Sale Securities:

The following transactions occurred during 2013:
(a) Sold 500 shares of West Data, Inc., for $9,500.
(b) Sold 200 shares of Disks, Inc., for $3,000.
(c) Transferred all shares of Albert Groceries, Inc., to the available-for-sale portfolio when the total fair value was $12,900.
(d) Transferred the remaining shares of Disks, Inc., to the trading securities portfolio when the market price was $20 per share. These shares were subsequently sold for $18 per share.
At December 31, 2013, market prices for the remaining securities were as follows:
Security Market Price per Share
Albert Groceries, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $22
West Data, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Steel Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Dairy Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
Vern Movies, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
Instructions:
Prepare all journal entries necessary to record Trans America Trust Co.'s marketable equity securities transactions and year-end adjustments for 2013. Assume that all declines in fair value are temporary?

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Total Market Shares CDec. 31, 2012 Adjustment $2,500 Dr. 9,000 Cr. 315 Dr. $6,185 C. Fair Value, Security 600 $9,000 1,000 27,000 9,900 $45,900 S11,5) 18,000 10,215 $39,715 wbst lk宝4, Inc. Steel Co. 450 Total Total Market Shares CDec. 31, 2012 Adjustment Fair Value, Security 2,000 $86,000 90,000 365,000 80,00) $536,000 535.000 4,000 Dr 25,000 Cr. 20,000 Dr. 1,000 Cr. 15,000 390,000 5,000 60,000 Total