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On December 31, Mars Co. had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods. Stock Investments

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On December 31, Mars Co. had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods. Stock Investments Apple stock Chipotle stock Under Armour stock Cost $ 5,999 3,109 11,189 Fair Value $ 8,209 3,000 13,900 Prepare the December 31 adjusting entry to report these investments at fair value View transaction list Journal entry worksheet Record the year-end adjustment to fair value, if any. Hotel Enter debits before credits Prepare the December 31 adjusting entry to report these investments at fair value. View transaction list Journal entry worksheet Record the year-end adjustment to fair value, if any. Note: Enter debits before credits General Journal Debit Credit Date Dec 31

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