ticker services began operations in 2015
Ticker Services began operations in 2015 and maintains longterm investments in available fair values for its portfolio of these investments follow or sale securities. The year end cost and $368,852 459,586 697,444 792, 303 5380,26 Deceeber 31, 2015 Deceeber 31, 2016 Deceeber 31, 2017 Decesber 31, 2818 433,496 589,555 899,228 Prepare journal entries to record each year end fair value adjustment for these securities Complete this question by entering your answers in the tabs below. General Calculation ournal Calculation adjustment required to fair value adjustment. 1231/15 Existing'balance in Fair Value Adjustment-AFS (LT) Required balance in Fair Value Adjustment AFS (LT Adjustment required to Fair Value Adjustment-AFS (LT) 2/31/16 Existing balance in Fair Value Adjustment-AFS (LT) General Calculation Journal Calculation adjustment required to fair value adjustment. 12/31/15 Existing balance in Fair Value Adjustment-AFS (LT) Required balance in Fair Value Adjustment-AFS (LT) Adjustment required to Fair Value Adjustment-AFS (LT) Existing balance in Fair Value Adjustment-AFS (LT) Required balance in Fair Value Adjustment-AFS (LT) Adjustment required to Fair Value Adjustment-AFS (LT) 1231/16 12/31/17 Existing balance in Fair Value Adjustment-AFS (LT) Required balance in Fair Value Adjustment-AFS (LT) Adjustment required to Fair Value Adjustment-AFS (LT) 12/31/18 Existing balance in Fair Value Adjustment-AFS (LT) Required balance in FairValue Adjustment-AFS (LT) Adjustment required to Fair Value Adjustment-AFS LT View transacion nst Journal entry worksheet Record the year-end adjusting entry for the securities portfolio as of December 31, 2015. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2015 Record entry Clear entry View general journal View transaction list Journal entry worksheet 3 Record the year-end adjusting entry for the securities portfolio as of December 31, 2016. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2016 Record entry Clear entry View general journal Journal entry worksheet 2 4 Record the year-end adjusting entry for the securities portfolio as of December 31, 2017. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2017 Record entry Clear entry View general journal Journal entry worksheet 2 Record the year-end adjusting entry for the securities portfolio as of December 31, 2018. Note: Enter debits before credits. Debit Credit Dec 31, 2018 Record entry Clear entry View general journal
