If a company purchases its only long-term investments in available-for-sale debt securities this period and their fair

Question:

If a company purchases its only long-term investments in available-for-sale debt securities this period and their fair value is below cost at the date, what entry is required to recognize this unrealized loss?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...