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Business, 31.05.2021 14:50 aromesburg

The trading securities portfolio of Jerome, Inc., had a total cost of $3,000 and a fair value of $2,800 on December 31, which is the first year it held trading securities. Complete the necessary adjusting entry.

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The trading securities portfolio of Jerome, Inc., had a total cost of $3,000 and a fair value of $2,...

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