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Journal entry worksheet < 1 2 3 Record the fair-value adjustment. Note: Enter debits before credits. Date General Journal January 02, 2025 Fair value

Journal entry worksheet < 1 2 3 Record the fair-value adjustment. Note: Enter debits before credits. Date General Journal January 02, 2025 Fair value adjustment Gain on investment (unrealized, OCI) Debit Credit 20.0 20.0 View general journal Record entry Clear entry > Journal entry worksheet 1 2 3 Record any reclassification adjustment. Note: Enter debits before credits. Date General Journal Debit Credit January 02, 2025 Reclassification adjustment (OCI) Fair value adjustment Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 Record the sale of the investment by Mills. Note: Enter debits before credits. Date January 02, 2025 General Journal Debit Credit Record entry Clear entry View general journal

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