Which of the following statements regarding trading debt securities is false$?$

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Part $1$

A$.$

If a trading debt security is purchased at a$$ premium, the premium must be amortized on a periodic basis.

B$.$

Fair value adjustments are treated as adjustments to net income.

C$.$

If the fair value of trading debt securities is less than the amortized$$ cost$,$ the fair value adjustment account will have a credit balance.

D$.$

Fair value adjustments are treated as adjustments to other comprehensive income.