Question: Ticker Services began operations in 2011 and maintains long- term investments in available- for- sale securities. The year- end cost and fair values for its

Ticker Services began operations in 2011 and maintains long- term investments in available- for- sale securities. The year- end cost and fair values for its of these investments follow.

Prepare journal entries to record each year- end fair value adjustment for thesesecurities.

Cost Fair Value December 3,20.. December 31,2012 December 31.2013....600,200 December 31, 2014.... $372,000 $360,860 455.800 700.500 780,200 876,900

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2011 Dec 31 Unrealized LossEquity 11140 Fair Value AdjustmentAFS LT 11140 ... View full answer

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