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Required information [The following information applies to the questions displayed below.] On December 31, Mars Company had the following portfolio of stock investments with insignificant

Required information [The following information applies to the questions displayed below.] On December 31, Mars Company 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 View transaction list Cost $ 6,000 4,000 12,000 Prepare the December 31 adjusting entry to report these investments at fair value.
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Required informotion [The following information applies to the questions displayed below] On December 31, Mars Company had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods. Prepare the December 31 adjusting entry to report these investments at fair value

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