Question: A long - term investment in available - for - sale securities was acquired at a cost of $35.000 At year - end. the fair

A long - term investment in available - for - sale securities was acquired at a cost of $35.000 At year - end. the fair value of the securities is $39, 250. The year - end adjusting entry requires a: credit Investment in Available-for-Sale Securities for $4.250 debit Unrealized Loss on investment in Available for - Sale Securities for $4 250. credit Allowance to Adjust investment in Available for - Sale Securities for $4 250. debit Allowance to Adjust investment in Available for - Sale Securities for $4 250

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