Question: Cost and fair value data for the trading debt securities of Wildhorse Company at December 31, 2019, are $63,550 and $59,350, respectively a) Show the

Cost and fair value data for the trading debt securities of Wildhorse Company at December 31, 2019, are $63,550 and $59,350, respectively

a) Show the financial statement presentation of the trading securities. (partial balance sheet)

b) Show the financial statement presentation of the related accounts. (income statement)

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