Brief Exercise 12-5 Available-for-sale securities [LO12-4] S&L Financlal buys and sells securtles which it classifies as avallable-for-sale. On December 27, 2018, S&L purchased Coca-Cola bonds at par for $889,000 and sold the bonds on January 3, 2019, for $898.500. At December 31, the bonds had a falr value of $880,000, and S&L has the Intent and ablity to hold the Investment until fair value recovers. Prepare journal entries to record (a) any unrealized gains or losses occuring in 2018 and (b) the sale of the bonds in 2019, including recognition of any unrealized galns in 2019 prior to sale and reclassification of amounts out of OCI. (If no entry is requlred for a transection/event, select "No journal entry required" in the first account fleld.) View transaction list Journal entry worksheet 1 2 3 4 Record the entry for Fair value adjustment of December 31, 2018. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2018 Record entry Clear entry View general jounal Journal entry worksheet