Multiple Choice
The year-end adjusting entry to reflect an increase in the value of trading securities includes a
A) credit to Unrealized Gain on Short-Term Investments.
B) credit to Short-Term Investments.
C) credit to Allowance to Adjust Short-Term Investments to Market.
D) credit to Realized Gain on Investments.
Correct Answer:
Verified
Correct Answer:
Verified
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