Adjusting AFS Securities to Fair Value The following information relates to an AFS security investment held by Gomez Inc. Dec. 31, 2019 Dec. 31, 2020 Fair value Carrying value $24,000 $22,400 $26,400 $24,000 Provide the journal entry to adjust the investment to fair value on December 31, 2020. Note: If a journal entry isn't required for the transaction, select "N/A" as the account names and leave the Dr. and Cr. answers blank (zero). Date Account Name Dec. 31, 2020 Fair Value Adjustment--AFS Unrealized Gain or Loss--OCI Dr. Cr. 2,400 x 2,400 x