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What are the account names? Brief Exercise H-4 Your answer is partially correct. Try again. Cost and fair value data for the trading debt securities
What are the account names?
Brief Exercise H-4 Your answer is partially correct. Try again. Cost and fair value data for the trading debt securities of Blossom Company at December 31, 2019, are $64,830 and $57,530, respectively. Prepare the adjusting entry to record the securities at fair value. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Dec. 31 Fair Value Adjustment-Debt 7300 Unrealized Loss 7300 List Of Accounts CLOSE Brief Exercise H-4 Accounts Payable Accounts Receivable Accumulated Depreciation-Building:s Accumulated Depreciation-Equipment Accumulated Other Comprehensive Loss Allowance for Doubtful Accounts Bonds Payable Buildings Cash Common Stock Debt Investments Discount on Bonds Payable Dividend Revenue Dividends Payable Equipment Fair Value Adjustment Fair Value Adjustment-Available-for-Sale Fair Value Adjustment-Debt Fair Value Adjustment-Stock Fair Value Adjustment-Trading Gain on Sale of Debt Investments Gain on Sale of Stock Investments Goodwill Income Tax Payable Interest Receivable Interest Revenue Inventory Land Loss on Sale of Stock Investments Notes Payable Paid-in Capital in Excess of Par Value Prepaid Insurance Retained Earnings Revenue from Stock Investments Stock Investments Unrealized Gairn Unrealized Gain or Loss-Equity Unrealized Gain or Loss-Income Unrealized Loss Unrealized Loss on Available-for-Sale SecuritiesStep by Step Solution
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