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23 If the Fair Value Adjustment - Trading account for trading debt investments has a debit balance, it is subtracted from the Trading Debt Investment
23 If the Fair Value Adjustment - Trading account for trading debt investments has a debit balance, it is subtracted from the Trading Debt Investment account to determine carrying value O considered to be a contra account O reported in the other income and expenses section of the income statement O added to the Trading Debt Investment account to determine carrying value
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Financial Statements Self Study Guide
Authors: Azhar Ul Haque Sario
1st Edition
979-8223894605
