Prescrip Co. began operations in 2014. The cost and fair values for its long-term investments portfolio in

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Prescrip Co. began operations in 2014. The cost and fair values for its long-term investments portfolio in available-for-sale securities are shown below. Prepare Prescrip€™s December 31, 2015, adjusting entry to reflect any necessary fair value adjustment for these investments.
Prescrip Co. began operations in 2014. The cost and fair
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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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