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  3. 14) at december 31, 2021, tory company has an equi

14) At December 31, 2021, Tory Company has an equity portfolio valued at $160,000. Its...

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Accounting

14) At December 31, 2021, Tory Company has an equity portfolio valued at $160,000. Its cost was $132,000. The Securities Fair Value Adjustment has a debit balance of $2,000. What amount should the Securities Fair Value Adjustment be debited at December 31, 2021?

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