During the year ended December 31, 20Y3, trading securities were purchased for $346,000. On December 31, 20Y3,
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During the year ended December 31, 20Y3, trading securities were purchased for $346,000. On December 31, 20Y3, the securities had a fair value of $309,000. Journalize the December 31, 20Y3, adjusting entry to record the unrealized gain or loss on trading investments purchased in 20Y3.
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B114 Trading investments at fair value December 31 309000 Les...View the full answer
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