Question
On Jan 1 2010, Valuation Allowance for Trading Investment has a credit balance of $8,700. On Dec 31,2010 the cost of trading securities portfolio was
On Jan 1 2010, Valuation Allowance for Trading Investment has a credit balance of $8,700. On Dec 31,2010 the cost of trading securities portfolio was $52,400 , and the fair value was $53,000. Required: Prepare the December 31, 2010 adjusting journal entry to record the unrealized gain or loss on trading investments.
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Environmental Auditing For The Non Specialist The CHGL Series On The Environment
Authors: Chris Hoggart
1st Edition
1902423704, 978-1902423708
