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Answer: Pgo O identify whether Each investment should be classified as a short from / long-term investment : Type of investment classification de long-terminustreat aelong taim investment Debat savestments, bald to materity belong taminustment Equity method investments 20).–501. belong term investment Avalable for sale debt securities dolong- teimloustacat Available for sale debt securities leashort term investments I stock investments -20%. Journal Entry General Journal Debit (6) Credit (6) fair value adjustment-available for sale $37,323 unrealized gain-debt Exploration: Cost fair value Gain/closs) $384250 $352,460 *28,210 $132,943 $143,313 d $23,924 442,672 ($1.9257) Total $531,182 14568,445 $37,223 37,303 с C KID310
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