Exercise 15-7 (Algo) Multiyear fair value adjustments to available-for-sale debt securities LO P3 Ticker Services began operations in Year 1 and holds long-term investments in available-for-sale debt securities. The year-end costs and fair values for its portfolio of these investments follow. Portfolio of Available-for-Sale Securities December 31, Year 1 December 31, Year 2 December 31, Year 3 December 31, Year 4 Cost $ 11,300 Fair Value $ 16,800 18,800 26,300 21,600 33,000 15,200 20,900 Prepare journal entries to record each year-end fair value adjustment for these securities. View transaction list Journal entry worksheet 1 2 3 4 Record the year-end adjustment to fair value. Note: Enter debits before credits. Date Donnmhor 21 General Journal Debit Credit 7 13 Prev 4 of 23 Next >