5. repare any QUICULISI Ona muy vecessary commune wieportivesuvee verenver , LUZI, UCINILE SHEEL 4. Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2022, for $190 million Prepare the journal entres necessary to record the sale, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale Complete this question by entering your answers in the tabs below. Red 1 and 2 Req Req4 Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2022, for $190 million. Prepare the Journal entries necessary to record the sale, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place, the, 5,500,000 should be entered as 5.5).) Show less ces View transaction list Journal entry worksheet Record the entry for redassification adjustment Note Entar dabits before credits General Journal Debit Date January 02 2022 Credit 392 Fair value adjustment Reclassification adjustment (OCD) 392 Record entry Clear entry View general al 5. repare any QUICULISI Ona muy vecessary commune wieportivesuvee verenver , LUZI, UCINILE SHEEL 4. Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2022, for $190 million Prepare the journal entres necessary to record the sale, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale Complete this question by entering your answers in the tabs below. Red 1 and 2 Req Req4 Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2022, for $190 million. Prepare the Journal entries necessary to record the sale, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place, the, 5,500,000 should be entered as 5.5).) Show less ces View transaction list Journal entry worksheet Record the entry for redassification adjustment Note Entar dabits before credits General Journal Debit Date January 02 2022 Credit 392 Fair value adjustment Reclassification adjustment (OCD) 392 Record entry Clear entry View general al
