A credit balance in the account Market Adjustment--Trading Securities at the end of a year should be interpreted as the net

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A credit balance in the account Market Adjustment--Trading Securities at the end of a year represents the unrealized holding gain to date for that year. This means that the market value of the trading securities in the portfolio has increased since the securities were acquired, resulting in a gain for the investor. If the balance was a debit balance, it would represent an unrealized holding loss to date for that year. However, a credit balance represents a gain.

A Credit Balance in the Account Market Adjustment--Trading Securities at the End