Zippydah SE has the following data at December 31, 2025. The non-trading securities are held as a
Question:
Zippydah SE has the following data at December 31, 2025.
The non-trading securities are held as a long-term investment. This is the first year of the company’s operations.
Instructions
a. Prepare the adjusting entries to record the change in fair value.
b. Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts.
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Related Book For 
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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