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The Year-End Adjusting Entry to Reflect an Increase in the Value

Question 78

Multiple Choice

The year-end adjusting entry to reflect an increase in the value of trading securities includes a


A) debit to Unrealized Gain on Investments.
B) debit to Short-Term Investments.
C) debit to Allowance to Adjust Short-Term Investments to Market.
D) credit to Realized Gain on Investments.

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