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Adjusting AFS Securities to Fair Value The following information relates to an AFS security investment held by Gomez Inc. Provide the journal entry to adjust
Adjusting AFS Securities to Fair Value The following information relates to an AFS security investment held by Gomez Inc. Provide the journal entry to adjust the investment to fair value on December 31 of the current year. Note: If a journal entry isn't required for the transaction, select "N/A" as the account names and leave the Dr. and Cr. answers blank (zero)
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