Multiple Choice
At year-end,a company's trading portfolio appears as follows: 
The adjusting entry will include
A) a debit to Allowance to Adjust Short-Term Investments to Market of $50.
B) a credit to Allowance to Adjust Short-Term Investments to Market of $50.
C) a debit to Unrealized Loss on Short-Term Investments of $100.
D) none of these,since no adjusting entry is necessary.
Correct Answer:
Verified
Correct Answer:
Verified
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