Hubbard Company had the following trading securities in its portfolio at December 31.The Fair Value Adjustment-Trading account had a balance of zero prior to year-end adjustment.Prepare the appropriate adjusting journal entry.
Definitions:
Form Wizard
A tool within software applications that guides users through the process of creating forms, step by step.
Query Design Command
A feature in Microsoft Access that allows users to visually create and modify queries to select, update, insert, or delete data in a database.
Report Wizard
A tool or feature in databases and software applications that guides users step-by-step through the process of creating a report, making it easier to specify options and formats.
Modify The Report's Design
The process of changing the layout, structure, or visual elements of a data report to better meet user needs or preferences.
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