Answering the following questions and complete the journal ...
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Accounting
Answering the following questions and complete the journal
On December 31, 2017, Lujack Co. held the following short-term available-for-sale securities. Lujack had no short-term investments prior to the current perid. Prepare the December 31, 2017 year-end adjusting entry to record the fair value adjustment for these securities Complete this question by entering your answers in the tabs below Fair Value General Computation of fair value adjustment Computation of Fair Value Adjustment able-for-Sale Securities Fair Value Unrealized Cost Nintendo Co. common stock Allantic bonds payable Kellogg Co notes payable McDonalds Corp common stock Totals s 75,500S 82,295 28,086 51,098 96,829 $ 261985 S 258,308 30,200 54,360 01,925 General Journal )
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