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Before that fateful night when the Dark Lord encountered the Potters, Bellatrix Lestrange Corp. acquired Voldemort, Inc bonds at a discount paying $570,000 The bonds

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Before that fateful night when the Dark Lord encountered the Potters, Bellatrix Lestrange Corp. acquired Voldemort, Inc bonds at a discount paying $570,000 The bonds were classified as available-for-sale. At the end of 2021, the fair value of the bonds was $694.000 and their amortized cost was $580,000. At the end of 2022, their fair value was $687500 and their amortized cost was $590,000 At what amount will the investment be reported in Bellatrix Lestrange Corp's December 31, 2022, balance sheet? Ignoring any accrued interest on the bonds, what adjusting entry will Bellatrix Lestrange Corp record on December 31 2022 related to this investment? Complete this question by entering your answers in the tabs below. Balance Sheet General Journal At what amount will the investment be reported in the December 31, 2022, balance sheet Investment View danisdictions Journal entry worksheet 1 Record the adjusting entry to report the correct amount on this year's balance sheet. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2022 Record entry Clear entry View general journal

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