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Dr . Brenner Inc. provided you with the following information regarding investments in trading securities: During December the following transactions occurred: On December 3 1
Dr Brenner Inc. provided you with the following information
regarding investments in trading securities:
During December the following transactions occurred:
On December the following securities remained in the Dr Brenner's trading
portfolio:
Dec
Fair
Value
Instructions: Prepare:
a
the adjusting journal entry required on November
Assume $ credit balance in the securities fair value adjustment account
prior to adjustment
b
the journal entries to record the Decermber purchase & sale transactions
c
the adjusting journal entry required on December
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