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Assignments - 231798 How Much Money D Quiz Saved On December 31, Lujack Co. held the following short-term available for-sale securities. Lujack had no short-term

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Assignments - 231798 How Much Money D Quiz Saved On December 31, Lujack Co. held the following short-term available for-sale securities. Lujack had no short-term investments prior to the current period. Prepare the December 31 year-end adjusting entry to record the fair value adjustment for these debt securities. Complete this question by entering your answers in the tabs below. Fair Value Adjustment General Journal Computation of fair value adjustment. Computation of Fair Value Adjustment Available-for-Sale Securities Cost Fair Value Unrealized Amount $ 94,394 32,215 Nintendo Co. notes Atlantic bonds Kellogg Co. notes McDonald's Corp. bonds Totals $ 86,600 34,640 62,352 116,910 $ 300,502 58,611 111,065 296,285 $ Fale A General Journal >

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