Cost and fair value data for the trading securities of Dobler Company at December 31, 2014, are

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Cost and fair value data for the trading securities of Dobler Company at December 31, 2014, are $62,000 and $59,600, respectively. Prepare the adjusting entry to record the securities at fair value.

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Accounting Tools for Business Decision Making

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Apr 07, 2014 11:27 AM

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Cost and fair value data for the trading securities of Dobler Company at December 31, 2014, are

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