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On January 1, the valuabon allowance for available-for-sale investments account had a zero balance. On December 31 , the cost of the avaliable-for-sale securities was

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On January 1, the valuabon allowance for available-for-sale investments account had a zero balance. On December 31 , the cost of the avaliable-for-sale securities was $48,700, and the fair value was $39,200. Joumalize the adjusting entry for the unrealized gain or loss for available-for-sale investments on December 31 . If an amount box does not require an entry, leave it blank

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