Ticker Services began operations in Year 1 and holds long-term investments in available-for-sale debt securities. The...

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Ticker Services began operations in Year 1 and holds long-term investments in available-for-sale debt securities. The year-end costs and fair values for its portfolio of these investments follow. Portfolio of Available-for-Sale Securities December 31, Year 1 December 31, Year 21 December 31, Year 3 December 31, Year 4 Cost $ 11,400 17,600 20,100 15,800 Prepare journal entries to record each year-end fair value adjustment for these securities. View transaction list Journal entry worksheet 3 4 Record the year-end adjustment to fair value. Note: Enter debits before credits. Fair Value $ 16,900 27,500 30,500 21,100 Prev 1 of 1 Next 3 2 4 M es Journal entry worksheet < 3 h Record the year-end adjustment to fair value. 2 Note: Enter debits before credits. Date December 31, Year 1 4 General Journal Debit Credit < 2 3 Date December 31, Year 2 Record the year-end adjustment to fair value. Note: Enter debits before credits. 4 General Journal Debit Credit Journal entry worksheet < 1 2 3 Date December 31, Year 3 Record the year-end adjustment to fair value. Note: Enter debits before credits. 4 General Journal. Debit Credit Journal entry worksheet < 1 2 3 Record the year-end adjustment to fair value. Note: Enter debits before credits. Date December 31, Year 4 General Journal Prex Debit 1 of 1 Credit Next Ticker Services began operations in Year 1 and holds long-term investments in available-for-sale debt securities. The year-end costs and fair values for its portfolio of these investments follow. Portfolio of Available-for-Sale Securities December 31, Year 1 December 31, Year 21 December 31, Year 3 December 31, Year 4 Cost $ 11,400 17,600 20,100 15,800 Prepare journal entries to record each year-end fair value adjustment for these securities. View transaction list Journal entry worksheet 3 4 Record the year-end adjustment to fair value. Note: Enter debits before credits. Fair Value $ 16,900 27,500 30,500 21,100 Prev 1 of 1 Next 3 2 4 M es Journal entry worksheet < 3 h Record the year-end adjustment to fair value. 2 Note: Enter debits before credits. Date December 31, Year 1 4 General Journal Debit Credit < 2 3 Date December 31, Year 2 Record the year-end adjustment to fair value. Note: Enter debits before credits. 4 General Journal Debit Credit Journal entry worksheet < 1 2 3 Date December 31, Year 3 Record the year-end adjustment to fair value. Note: Enter debits before credits. 4 General Journal. Debit Credit Journal entry worksheet < 1 2 3 Record the year-end adjustment to fair value. Note: Enter debits before credits. Date December 31, Year 4 General Journal Prex Debit 1 of 1 Credit Next

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Year 1 Adjustment Fair Value Change Fair Value at Year 1 Cost at Year 1 16900 11400 5500 Date Decemb... View the full answer