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The following data relates to trading securities: On December 1, 2017, a company purchased securities totaling $3,800. On December 31, 2017, the fair value of

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The following data relates to trading securities: On December 1, 2017, a company purchased securities totaling $3,800. On December 31, 2017, the fair value of the securities was $5,200. On December 31, 2018, the fair value was $2,600. Please journalize the entries required to bring the value of the securities up to date for both dates. The unrealized loss or gains would appear on which financial statement? Focus MacBook Pro

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