signment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Journal entries for available-for-sale securities M. Jones Inc. purchased the following available-for-sale securities during 2015, its first year of operations: Issuing Company Arden Enterprises Inc. French Broad Industries Inc. Pisgah Construction Inc. Total Cost $150,000 66,000 104,000 D $320,000 The fair value of the various available-for-sale securities on December 31, 2015, was as follows: Issuing Company Fair Value Dec. 31, 20YS $170,000 Arden Enterprises Inc. French Broad Industries Inc. Pisgah Construction Inc. 71,500 96,000 $337,500 a. Journalize the adjusting entry for the fair value of the portfolio of securities on December 31, 2015. If no entry is required, select no entry rec and leave the amount box blank. If an amount box does not require an entry, leave it blank 2015 Dec. 21 Check My Work Previous