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    Accounting
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    Exam 15: Investments and Fair Value Accounting
  5. Question
    In Order to Maintain the Original Value of a Trading
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In Order to Maintain the Original Value of a Trading

Question 55

Question 55

True/False

In order to maintain the original value of a trading security, the fair value adjustments are debited or credited to the account Valuation Allowance for Trading Investments.

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