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  3. a company had the following trading securities in

A company had the following trading securities in its portfolio at December 31. The Fair...

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Accounting

A company had the following trading securities in its portfolio at December 31. The Fair Value Adjustment-Trading account had a balance of zero prior to any year-end adjustment.
\table[[Short-Term Debt Investments,Cost,Fair Value],[XBM bonds,$26,000,$27,400
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