The cost of the trading securities of Hardy Company at December 31, 2014, is $62,000. At December
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The cost of the trading securities of Hardy Company at December 31, 2014, is $62,000. At December 31, 2014, the fair value of the securities is $59,000. Prepare the adjusting entry to record the securities at fair value.
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Financial Accounting IFRS
ISBN: 978-1118285909
2nd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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