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

Transcribed Image Text:

Portfolio of Available-for Sale Securities Cost Fair Value $372,000 $360,860 428,500 455,800 600,200 700,500 ...*.876,900 780,200 ecember December 31, 2015 December 3, 2016-