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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 General Adjustment Journal Computation of fair value adjustment. Computation of Fair Value Adjustment Available for Sale Securities Cost Fair Value Unrealized Amount Gain or Loss? Nintendo Co. notes Atlantic bonds Kellogg Co. notes McDonald's Corp. bonds Total $ 02.00015 03,561 25.100 23,300 45.288 42.571 84015 80.600 5 216,2035 215.200 General Journal > On December 31, Lujack Company held the following short-term avallable 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 and 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 list Journal entry worksheet 1 Record the year and adjustment to fair value, ilan. Note Enter debit before credit General Journal Debit Credit Date Des 31 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 Joumal Computation of fair value adjustment. Computation of Fair Value Adjustment Available for Sale Securities Cost Fair Value Unrealized Amount Gain or Loss? Nintendo Co. notes Atlantic bonds Kellogg Conates McDonald's Coro bonds $ 62.900 $ 88,561 25 180 23,390 45 288 42 571 84.015 80.689 5218,203 $ 215.200 Totals General Journal > Complete this uestion by entering your answers in the tales below. Fair Value Adjustment General Joumal 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 list Journal entry worksheet

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