Question: ( b ) Prepare the adjusting entry to record the bonds at fair value at December 3 1 , 2 0 2 5 . The

(b) Prepare the adjusting entry to record the bonds at fair value at December 31,2025. The Fair Value Adjustment
account has a debit balance of $1,000 prior to adjustment.
(c) Prepare the adjusting entry to record the bonds at fair value at December 31,2026.
(b) Prepare the adjusting entry to record the bonds at fair

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