Wiffery 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:
People Skills
The ability to communicate, interact, and work well with others.
Workforce Diversity
The inclusion of individuals from various backgrounds, cultures, ages, genders, and abilities in a company's workforce, enhancing creativity and innovation.
Communicate
The process of sharing or exchanging information, ideas, or feelings through speech, writing, or other forms of expression to achieve understanding.
Critical Thinking
The objective analysis and evaluation of an issue in order to form a judgment.
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