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Journal Entries for Available-for-Sale Securities Instructions Instructions Chart of Accounts Journal M. Jones Inc. purchased the following available-for-sale securities during 20Y5, its first year

Journal Entries for Available-for-Sale Securities Instructions Instructions Chart of Accounts Journal M. Jones Inc. purchased the following available-for-sale securities during 20Y5, its first year of operations: Issuing Company Cost Arden Enterprises Inc. $145,600 French Broad Industries Inc. 63,800 Pisgah Construction Inc. 98,280 $307,680 The fair value of the various available-for-sale securities on December 31, 20Y5, was as follows:

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