Business, 16.06.2020 22:57 srice6

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. 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
Prepare journal entries to record each year-end fair value adjustment for these securities.

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Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale s...

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