ch 15 #1, 3,

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 Cost Foir Value Unrealized Amount Available for Sale Securities Nintendo Co. notes Atlantic bonds Kellogg Co. notes McDonald's Corp bonds Totals $ 67.500 5 74011 27 160 25.259 48 BBB 45.955 91.665 87,002 5 235,613 5 232,307 El Vallen General Journal > 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 General Adjustment Journal Prepare the December 31 year and adjusting entry to record the fair valub adjustment for these debt securities. (If no entry is required for a transaction/event, select "No journal entry required in the first account feld.) View transaction list Journal entry worksheet