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Home / Questions / PE 15-5A Valuing available-for-sale securities at fair value On January 1 2012 Valuation ...

PE 15-5A Valuing available-for-sale securities at fair value On January 1 2012 Valuation Allowance for Available-for-Sale Securities had a zero balance On December 31 2012 the cost of the

PE 15-5A Valuing available-for-sale securities at fair value

On January 1, 2012, Valuation Allowance for Available-for-Sale Securities had a zero balance. On December 31, 2012, the cost of the available-for-sale securities was $62,400, and the fair value was $56,900. Prepare the adjusting entry to record the unrealized gain or loss for available-for-sale securities on December 31, 2012.

Jun 18 2020 View more View Less

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