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On December 31, 2020, Walment company held the following short-term sveileble-for-sele securities. Welment Company had no short-term investments prior to the current period. Required: Prepare
On December 31, 2020, Walment company held the following short-term sveileble-for-sele securities. Welment Company had no short-term investments prior to the current period. Required: Prepare the December 31, 2020. yesr-end adjusting entry to record the fair value sdjustment for these securities. (Do not round Intermediate calculations. Round your final answers to the nearest dollar amount.) Complete this question by entering your answers in the tabs below. Fair Value General Adjustment Journal Prepare the December 31, 2020, year-end adjusting entry to record the fair value adjustment for these securities. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction et Journal entry worksheet 1 Record the year-end adjusting entry for the securities portfolio. Note: Enter debits before credits General Journal Debit Credit Date Dec 31 Record entry Clear entry View general Journal On December 31, 2020, Walment company held the following short-term sveileble-for-sele securities. Welment Company had no short-term investments prior to the current period. Required: Prepare the December 31, 2020. yesr-end adjusting entry to record the fair value sdjustment for these securities. (Do not round Intermediate calculations. Round your final answers to the nearest dollar amount.) Complete this question by entering your answers in the tabs below. Fair Value General Adjustment Journal Prepare the December 31, 2020, year-end adjusting entry to record the fair value adjustment for these securities. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction et Journal entry worksheet 1 Record the year-end adjusting entry for the securities portfolio. Note: Enter debits before credits General Journal Debit Credit Date Dec 31 Record entry Clear entry View general Journal
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