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( a ) Prepare the adjusting journal entry needed on December 3 1 , 2 0 2 5 . ( b ) Prepare the journal
a Prepare the adjusting journal entry needed on December b Prepare the journal entry to record the sale of the Colorado Co stock during c Prepare the adjusting journal entry needed on December List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. No Date a b December Cash c Account Titles and Explanation Unrealized Holding Gain or Loss Equity Fair Value Adjustment Loss on Sale of Investments Debit Fair Value Adjustment Cash Loss
a Prepare the adjusting journal entry needed on December
b Prepare the journal entry to record the sale of the Colorado Co stock during
c Prepare the adjusting journal entry needed on December
List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
No
Date
a
b
December
Cash
c
Account Titles and Explanation
Unrealized Holding Gain or Loss Equity
Fair Value Adjustment
Loss on Sale of Investments
Debit
Fair Value Adjustment
Cash
Loss
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