Carla Vista Company has the following securities in its portfolio of equity securities on December $31,2025$:

$\backslash$table$[[,$Cost,Fair Value$],[5,000$ shares of Thomas Corp., Common,$$152,000,$$$140,500$

$($a$)$

Prepare the general journal entry for Carla Vista Company for the $2025$ adjusting entry, assuming a $$0$ balance in the Fair Value Adjustment account at $1/1/25.($List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date Account Titles and Explanation Debit

December

$31,2025$

Carla Vista Company has the following securities in its portfolio of equity securities on December $31,2025$:

$\backslash$table$[[,$Cost,Fair Value$],[5,000$ shares of Thomas Corp., Common,$$152,000,$$$140,500$