[The following information applies to the questions displayed below.] Company began operations in...
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The following information applies to the questions displayed below. Company began operations in the current year and acquired shortterm debt investments in trading securities The year end cost and fair values for its portfolio of these debt investments follow. Prepare the journal entry to record the December yearend fair value adjustment for these debt securities Journal entry worksheet Record the yearend adjustment to fair value, if any. Note: Enter debits before credits. 
The following information applies to the questions displayed below.
Company began operations in the current year and acquired shortterm debt investments in trading securities The year
end cost and fair values for its portfolio of these debt investments follow.
Prepare the journal entry to record the December yearend fair value adjustment for these debt securities
Journal entry worksheet
Record the yearend adjustment to fair value, if any.
Note: Enter debits before credits.
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