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Voluing Trading Secundes at Fair Value On January 1, Valuation Allowance for Trading Investments had a zero balance. On December 31, the cost of the

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Voluing Trading Secundes at Fair Value On January 1, Valuation Allowance for Trading Investments had a zero balance. On December 31, the cost of the trading securities portfolio was 162,000, and the fer value was 562.900 Prepare the December 31 adjusting journal entry to record the unrealized pain or loss on trading investments. Dec 31

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