Question: 1 of 3 < > View Policies -/33 E Current Attempt in Progress Cost and fair value data for the trading debt securities of Blossom

1 of 3 < > View Policies -/33 E Current Attempt in Progress Cost and fair value data for the trading debt securities of Blossom Company at December 31, 2022, are $50,000 and $48,000 respectively. Prepare the adjusting entry to record the securities at fair value. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter 0 for the amounts.) Date Dec. 31 Account Titles and Explanation eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: unlimited Submit

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