Ticker Services began operations in 2009 and maintains long term investments in available for sale securities The year end cost and fair values for its portfolio of these investments follow Prepare journal entries to record each year end fair value adjustment for thesesecurities Cost Falr Value Dec...

2009 Dec 31 Unrealized LossEquity 11440 Fair Value AdjustmentAFS LT 11440 Record fair value ...

Ticker Services began operations in 2009 and maintains long-term investments in available- for-sale securities. The year-end cost

Question:

Ticker Services began operations in 2009 and maintains long-term investments in available- for-sale securities. The year-end cost and fair values for its of these investments follow. Prepare journal entries to record each year-end fair value adjustment for thesesecurities.

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...