Cost and fair value data for the trading debt securities of Lecler Company at December 31, 2022,

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Cost and fair value data for the trading debt securities of Lecler Company at December 31, 2022, are $62,000 and $59,600, respectively. Prepare the adjusting entry to record the securities at fair value.

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Question Posted: Dec 26, 2019 12:21 PM

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Cost and fair value data for the trading debt securities of Lecler Company at December 31, 2022,

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