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Truss Builders Co. reported the following selected balances on its financial statements for each of the four years 2013-2016: Based on these balances, reconstruct the
Truss Builders Co. reported the following selected balances on its financial statements for each of the four years 2013-2016: Based on these balances, reconstruct the valuation entries that must have been made each year. Market adjustment-Available-for-sale securities. Market adjustment-Trading securities .......... 2013 $0 0 2014 $6,200 (1,800) 2015 $4,600 300 2016 $(800) 1.550
Truss Builders Co. reported the following selected balances on its financial statements for each of the four years 2013-2016:
Based on these balances, reconstruct the valuation entries that must have been made each year.
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