Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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