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:
Isocost Line
A graph representing all combinations of inputs that have the same total cost for a firm.
Price of Capital
The cost of borrowing money to purchase or invest in capital assets, often reflected in interest rates or return expectations.
Price of Labor
The compensation received by workers for their services, typically in the form of wages or salaries, which can be influenced by factors such as skill levels, supply and demand, and economic conditions.
Total Expenditure
The aggregate amount of spending by an entity or economy on goods and services, including consumption, investment, government purchases, and net exports.
Q8: The strength of a solution is 25%.What
Q9: A client is prescribed metoclopramide hydrochloride (Reglan)15
Q11: The U.S.Supreme Court first began to interpret
Q16: The case of Hugo Zacchini,the "human cannonball,"
Q24: How does the going-concern principle affect reporting
Q51: Wallace, Simpson, and Prince are partners and
Q83: The withdrawals account of each partner is
Q103: Rainier Importers purchases automotive parts from Austria.
Q165: Tower, Knight, and Spears are partners who
Q205: All of the following statements regarding accounting