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At December 31, 2022, Liu Corporation's stock investments had a general ledger balance of $367,000. The investments are accounting for by the fair value through
At December 31, 2022, Liu Corporation's stock investments had a general ledger balance of $367,000. The investments are accounting for by the fair value through net income model. It was determined that the fair value of the securities on December 31 was $384,600. The entry to adjust the portfolio to fair value at December 31 will include a:
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