Comprehensive income items

Marketable securities on the balance sheet at a cost of $5,500,000 are available-for-sale

Market value at the balance sheet date is $5,235,00

Prepare the adjusting entry to record the unrealized loss and include in comprehensive income

Adjusting entries Dr Cr Cr Cr Cash Marketable Securitie Accounts Receivabl Baking Supplies Merchandise Invento Prepaid Rent Prepaid Insurance Miso. Supplies Land Building Baking Equipment Dr 1,488,999.34 5,500,000.00 7,092,495.88 1,605,098.52 128,152.63 71.877.07 207,834.14 17,647.42 250,000.00 1,250,000.00 2,254,140.00 Dr 1,488,999.34 5,500,000.00 7,092,495.88 1,605,098.52 128,152.63 71,877.07 207.834.14 17,647.42 250,000.00 1,250,000.00 2,254,140.00 328,282.00 328,282.00 1,555,212.85 250,203.31 21,888.22 1,000,000.00 1,042,118.16 1,555,212.85 250,203.31 21.888.22 1,000,000.00 1,042,118.16 4,000,000.00 500,000.00 1,750,000.00 2,213,122.59 4,000,000.00 500,000.00 1,750,000.00 2,213,122.59 Accumulated Depreciation Patent Accounts Payable Wages Payable Interest Payable Current Portion of Bonds Payable Income Taxes Currently Payable Accrued Pension Liability Accrued Employees Health Insurance Lease Liability Deferred Tax Liability Bonds Payable Preferred Stock Common Stock Beginning Retained earnings Dividends - Preferred 50,000.00 Dividends - Commor 5,250,000.00 Bakery Sales Merchandise Sales Cost of Goods Sold 10,954,907.36 Cost of Goods Sold 88,994.79 Rent Expense 1,576,731.95 Wages Expense 2,604,526.23 Misc. Supplies Exper 263,224.56 Repairs and Mainten 47,353.05 Business License Ex 211,757.65 Miso. Expense 141,171.08 Depreciation Expens 634,520.00 Insurance Expense 112,937.69 Advertising Expense 160,413.49 Interest Expense 484,703.27 Telephone Expense 50,821.34 Pension Expense Retired Employees Health Ins. Patent Amortization 50,000.00 5,250,000.00 33,881,157.15 124,795.80 33,881,157.15 124,795.80 10,954,907.36 88,994.79 1,576,731.95 2,604,526.23 263,224.56 47,353.05 211,757.65 141,171.08 634,520.00 112,937.69 160,413.49 484,703.27 50,821.34 Unrealized Gain(Loss) on Marketable Securities Held for Sale Income Taxes Deferred Tax Expense 4,168,472.62 4,168,472.62 46,666,780,08 46,666,780.08 46,666,780.08 46,666,780.08