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On December 31, Lujack Company held the following short-term available-for-sale securities Lujack had no short-term investments prior to the current period. Prepare the December 31

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On December 31, Lujack Company held the following short-term available-for-sale securities Lujack had no short-term investments prior to the current period. Prepare the December 31 year-end adjusting entry to record the fair value adjustment for these debt securities, Complete this question by entering your answers in the tabs below. Fair Value Adjustment General Journal Computation of fair value adjustment. ces Computation of Fair Value Adjustment Available for Sale Securities Cost Fair Value Unrealized Amount Gain or Loss? Nintendo Company notes Atlantic bonds Kellogg Company notes McDonald's Corporation bonds Total $ 85.000 $ 93,522 34,320 31918 61,776 58.069 115.830 110,039 $ 297 728 5 293,548 General Journal pe here to search o BI 43F On December 31, Lujack Company held the following short-term available-for-sale securities Lujack had no short-term investments prior to the current period Prepare the December 31 year-end adjusting entry to record the fair value adjustment for these debt securities. Complete this question by entering your answers in the tabs below. Fair Value General Adjustment Journal Prepare the December 31 year-end adjusting entry to record the fair value adjustment for these debt securities. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction lit Journal entry worksheet Record the year and adjustment to fair value, if any. ter before credit

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