Lightner Company Decides That an Available-For-Sale Security Is Impaired as of December

Lightner Company decides that an available-for-sale security is impaired as of December 31, 2013 and has an unrealized loss of $5,000.The journal entry to record an impairment loss on securities available-for-sale would be:

A) Unrealized Holding Loss on Securities Available-for-Sale...........5,000
Impairment Loss..............5,000
B) Impairment Loss................ 5,000
Unrealized Holding Loss on Securities Available-for-Sale.................... 5,000
C) Realized Holding Loss on Securities Available-for-Sale..........5,000
Impairment Loss............. 5,000
D) Impairment Loss ............ 5,000
Realized Holding Loss on Securities Available-for-Sale..............5,000
E) Impairment Loss................... 5,000
Retained Earnings................ 5,00