Ticker Services began operations...

Ticker Services began operations in 2013 and maintains long-term investments in available-for-sale securities. The year-end cost and fair values for its portfolio of these investments follow. Portfolio of Available-for-Sale Securities December 31, 2013 Fair Cost Value $328,6409318,781 374,650 397,129 December 31, 2014 December 31, 2015 509,524 602,767 769,381 684,749 December 31, 2016 Prepare journal entries to record each year-end fair value adjustment for these securities. (If no entry is required select No journal entry required in the first entry field.) 12/31/13 Existing balance in Fair Value Adjustment-AFS (LT) Required balance in Fair Value Adjustment-AFS (LT) Adjustment required to Fair Value Adjustment-AFS (LT) 12/31/14 0 Existing balance in Fair Value Adjustment-AFS (LT) Required balance in Fair Value Adjustment-AFS (LT) Adjustment required to Fair Value Adjustment-AFS (LT) 12/31/15 0 Existing balance in Fair Value Adjustment-AFS (LT) Required balance in Fair Value Adjustment-AFS (LT) Adjustment required to Fair Value Adjustment-AFS (LT) View transaction list Journal entry worksheet 2 3 4 Record the year-end adjusting entry for the securities portfolio as of December 31, 2013. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2013 Record entry View general journal Clear entry