Reese Corporation began operations on January 1, 2018 At December 31, 2018, Bark appropriately had a credit balance in Allowance for Change in Fair Value of Investments of $330 No transactions related to these investments occurred during 2019, and the cost and market values on December 31, 2019, are as follows

In the December 31, 2018 adjusting entry, there will be a debit of $800 to Unrealized Holding Gain/Loss ­Available for Sale Securities debit of $800 to Allowance for Change in Fair Value of Investments credit of $140 to Unrealized Holding Gain/Loss­ Available for Sale Securities debit of $140 to Allowance for Change in Fair Value of Investments

Investment Cost Fair Value Z Company Y Company X Company w Company $700 $980 1,115 1,445 1,110 1,420 1,100 880