Cost and fair value data for the trading debt securities of Beltway Company at December 31, 2017, are $100,000 and $88,000, respectively. Which of the following correctly presents the adjusting journal entry to record the securities at fair value? 
Definitions:
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A series of statements or reasons made to persuade others that an action or idea is right or wrong.
Imply
To suggest or express something indirectly, without stating it explicitly.
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The process of converting text or speech from one language to another.
Tautology
A redundant or repetitive statement in which the conclusion is equivalent to the premise.
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