my Shows RO Exercise C-6 Multiyear fair value adjustments to available-for-sale debt securities LO P3 --01 Ticker Services began operations in Year 1 and holds long-term investments in available-for-sale debt securities. The year-end cost and fair values for its portfolio of these investments follow. Portfolio of available-for-Sole Securities Cost Pair Value December 31, Year 1 $11,500 $16,100 December 31, Year 2 17,000 28,000 December 31, Year 3 10,900 30,700 December 31, Year 4 14,900 20,100 Prepare journal entries to record each year-end fair value adjustment for these securities No Date Debit Credit Answer is complete but not entirely correct. General Journal Fair value adjustment - AFS Unrealized gain Equity 1 Dec 31, You 1 4,600 4,600 2 Dec. 31. Year 2 11,000 Fair value adjustment AFS Unresized gain Equity 11,000 3 Dec 31, Year 3 11.000 Fair value adjustment. AFS Unrealized gain - Equity . 11.300 4 Dec. 31. Your 4 Unrealized gain Equity 5.2003 SC Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Portfolio of Available-for-Sale Securities December 31, Year 1 December 31, Year 2 December 31, Year 3 December 31, Year 4 Coat $11,500 17,000 19,900 14,900 Yair Value $16,100 28,000 30,700 20,100 Prepare journal entries to record each year-end fair value adjustment for these securities. 00:47 Answer is complete but not entirely correct. No Date General Journal Debit Credit 1 Dec 31, Year 1 4,600 Fair value adjustment - AFS Unrealized gain - Equity 4600 2. Dec. 31. Year 2 11,000 Fair value adjustment - AFS Unrealized gain - Equity 0 11,000 3 Dec 31, Year 3 Fair value adjustment - AFS Unrealized gain - Equity > 11,800 11,800 Dec 31, Year 4 5.2003 Unrealized gain - Equity Fair value adjustment - AFS >> 5,200