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Where would Valuation Allowance for Trading Securities be found in the financial statements? a. Statement of Retained Earnings. b. Balance sheet as an adjustment to

Where would Valuation Allowance for Trading Securities be found in the financial statements? a. Statement of Retained Earnings. b. Balance sheet as an adjustment to Stockholders' Equity. c. Income statement as Other Revenue (Expenses). d. Balance sheet as an adjustment to the asset account.

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