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Jill Hollern is the controller of Chavez Inc. At December 31, the company's investments in trading securities cost $74, 000. They have a fair value
Jill Hollern is the controller of Chavez Inc. At December 31, the company's investments in trading securities cost $74, 000. They have a fair value of $72, 000. Indicate how Jill would report these data in the financial statements prepared on December 31. Short-term investments, at fair value $ Unrealized loss on trading securities $
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