Question: Do answer all three journal entries 20 point 3 JOURNAL ENTRIES PROBLEM 4 MARKET ADJUSTMENTS Weaver Company has the following data at December 31, 2015
Do answer all three journal entries
20 point 3 JOURNAL ENTRIES PROBLEM 4 MARKET ADJUSTMENTS Weaver Company has the following data at December 31, 2015 for its securities: Securities + COST Debt Investments - Trading Debt Investments - Available for sale Stock Investments 90,000 74,000 80,000 FAIR VALUE 87,000 75,000 76,000 a Prepare the adjusting entries to report the securities at fair value
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