Business, 16.06.2020 16:57 diablo871

Multiyear fair value adjustments to available-for-sale securities LO P3 Ticker Services began operations in 2015 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 Cost Fair Value
December 31, 2015 $328,920 $319,052
December 31, 2016 374,969 397,467
December 31, 2017 509,958 603, 280
December 31, 2018 770,037 685,333
Prepare journal entries to record each year-end fair value adjustment for these securities.
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Multiyear fair value adjustments to available-for-sale securities LO P3 Ticker Services began operat...

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