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Fair Value Journal Entries, Available-for-Sale Investments The investments of Steelers Inc. include a single investment: 11,9
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Year 1, sept. 12 Bengals Inc.- AFS securities ( 11900 * 12 ) 142800
Cash 142800
Year 1, Dec. 31 Unrealised holding loss on AFS securities ( 11900 * 3 ) 35700
Fair value adjustement - AFS securities 35700
Unrealised holding loss on AFS securities is included in
Accumulated other comprehensive income in the equity section of the balance sheet.
Answer Stockholder's equity section of the balance sheet.
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