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For several years Fister Links Products has held Microsoft bonds, considered by the company to be securities available-forsale. The bonds were acquired at a cost

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For several years Fister Links Products has held Microsoft bonds, considered by the company to be securities available-forsale. The bonds were acquired at a cost of $630,000. At the end of 2021, their fair value was $766,000 and their amortized cost was $640,000. At the end of 2022, their fair value was $762,500 and their amortized cost was $650,000. At what amount will the investment be reported in the December 31, 2022, balance sheet? What adjusting entry is required to accomplish this objective (ignore interest)? Complete this question by entering your answers in the tabs below. Balance General Sheet Journal At what amount will the investment be reported in the December 31, 2022, balance sheet? General Journal > For several years Fister Links Products has held Microsoft bonds, considered by the company to be securities available-forsale. The bonds were acquired at a cost of $630,000. At the end of 2021, their fair value was $766,000 and their amortized cost was $640,000. At the end of 2022, their fair value was $762,500 and their amortized cost was $650,000. At what amount will the investment be reported in the December 31, 2022, balance sheet? What adjusting entry is required to accomplish this objective (ignore interest)? Complete this question by entering your answers in the tabs below. Balance General Sheet Journal What adjusting entry is required to accomplish this objective (ignore interest)? (If no entry is required for a transaction/event, select "No journal entry required" in the rst account eld.) View transaction list Journal entry worksheet Record the adjusting entry to report the correct amount on this year's balance sheet. Note: Enter debits before credits. Clear entry View general journal

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