Kitty Company began operations in 2014 and maintains short-term investments in trading securities. The year-end cost and

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Kitty Company began operations in 2014 and maintains short-term investments in trading securities. The year-end cost and fair values for its portfolio of these investments follow. Prepare journal entries to record each December 31 year-end fair value adjustment for these securities.
Kitty Company began operations in 2014 and maintains short-term investments
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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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