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For several years Fister Links Products has held Microsoft bonds, considered by the company to be securities available-for-sale. 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-for-sale. The bonds were acquired at a cost of $500,000. At the end of 2018, their fair value was $610,000 and their amortized cost was $510,000 At the end of 2019, their fair value was $600,000 and their amortized cost was $520,000 At what amount will the investment be reported in the December 31, 2019, 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 Sheet General At what amount will the investment be reported in the December 31, 2019, balance sheet? Investment Journal Balance Sheet General Journal>

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