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BE 1 6 . 8 ( LO 2 ) Cleveland Company has a stock portfolio valued at $ 4 , 0 0 0 . Its

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BE16.8(LO 2) Cleveland Company has a stock portfolio valued at $4,000. Its cost was $3,300. If the Fair
Value Adjustment account has a debit balance of $200, prepare the journal entry at year-end.
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