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eBook Show Me How Calculator Print Item Valuing Available-for-Sale Securities at Fair Value On January 1, Valuation Allowance for Available for Sale Investments had a

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eBook Show Me How Calculator Print Item Valuing Available-for-Sale Securities at Fair Value On January 1, Valuation Allowance for Available for Sale Investments had a zero balance. On December 31, the cost of the available for sale securities was 85.500, and the fair value was $87,840. Prepare the adjusting entry to record the unrealized gain or loss on available for sale investments on December 31 Dec. 31

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