Question: Prescrip Co began operations in 2012 The cost and fair

Prescrip Co. began operations in 2012. The cost and fair values for its long-term investments portfolio in available-for-sale securities are shown below. Prepare Prescrip’s December 31, 2013, adjusting entry to reflect any necessary fair value adjustment for theseinvestments.

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  • CreatedNovember 26, 2013
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