Exercise 15-5 Fair value adjustment to available-for-sale debt securities LO P3 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 Available for Sale Securities CONE Fair Value Unrealized Amount Nintendo Co. notes Atlantic bonds Kellogg Co notes McDonald's Corp bonds Totals $ 80,500 $ 87,745 32,200 29.946 57 960 54 482 108 675 103,241 $ 279,335 $275,414 General Journal > Exercise 15-5 Fair value adjustment to available-for-sale debt securities LO P3 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 end adjusting entry to record the fair value adjustment for these debt securities. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction fist Journal entry worksheet 1 Record the year end adjustment to fair value, if any. Note: Enter debits before credits Data General Journal Debit Credit Dec 31 Recondente Clancente View.cenarium