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Deutsche Corporation's Trading Portfolio at the End of the Year

question 265

Multiple Choice

Deutsche Corporation's trading portfolio at the end of the year is as follows: Deutsche Corporation's trading portfolio at the end of the year is as follows:   The year-end adjusting entry to reflect a decrease in the value of stock trading securities includes a A)  credit to Fair Value Adjustment-Trading. B)  debit to Fair Value; Market Adjustment-Trading. C)  debit to Unrealized Gain-Income. D)  credit to Stock Investments. The year-end adjusting entry to reflect a decrease in the value of stock trading securities includes a


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