Multiple Choice
Deutsche Corporation's equity securities portfolio at the end of the year is as follows: 
The year-end adjusting entry to reflect a decrease in the value of equity securities includes a
A) credit to Fair Value Adjustment-Stock.
B) debit to Fair Value Adjustment-Stock.
C) debit to Unrealized Gain-Income.
D) credit to Stock Investments.
Correct Answer:
Verified
Correct Answer:
Verified
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