15 he investments of Charger Inc. include a single investment: 14,500 shares of Raiders Inc. common stock purchased on February 24, 2014, for $38 per share including brokerage commission. These shares were classified as trading securities. As of the December 31, 2014, balance sheet date, the share price had increased to $42 per share. Journalize the entries to acquire the investment on February 24, and record the adjustment to fair value on December 31, 2014. Solution Journal Enties Feb, 14 Investment in Shares of Raider Inc Dr 551000 (14500*38) To Cash 551000 ( Being Investments made in shares) Dec 31, 2014 Trading Securities ( i..e. Investment in shares of rAIDERS iNc)Dr 58000 (42-38*14500) To Unrealised gain on trading securities 58000 .