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6. At December 31, 2020, Dhofar Co. had the following portfolio securities. Details Cost Fair value Security y 70,000 80,000 Security z 75,000 85,000 The
6. At December 31, 2020, Dhofar Co. had the following portfolio securities. Details Cost Fair value Security y 70,000 80,000 Security z 75,000 85,000 The balance of fair value adjustment in book of the company on 31.12.2019 was Omr 1850 (debit). Prepare adjusting entry on 31.12.2020
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