Ticker Services began operations in 2015 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 these securities Portfolio of Avail...

2015 Dec 31 Unrealized LossEquity 11140 Fair Value AdjustmentAFS LT 11140 ...

Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale securities. The year-end cost and

Question:

Ticker Services began operations in 2015 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 these securities.
Portfolio of Available-for-Sale Securities Cost Fair Value
December 31, 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $372,000........$360,860
December 31, 2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 428,500...........455,800
December 31, 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,200...........700,500
December 31, 2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 876,900...........780,200
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...