# Valuing Available-for-Sale Securities at Fair Value On January 1, Valuation Allowance for Available-for-Sale Investments had a zero balance. On December 31, the cost of the available-for-sale securities was $207,000, and the fair value was$212,660 Prepare the adjusting entry to record the unrealized gain or loss on available-for-sale investments on December 31. Dec. 31 Valuation Allowance for Available-for-Sale Investments 5,600 | X Unrealized Gain (Loss) on Available-for-Sale Investments 5,600 | X

Question

Hi, I'm not sure which values to use because I assumed it would be the difference between the two values given for the journal entry but seems like that's not the case. How do I solve this?