Question: Question 9 ( 1 point ) Hulio Company has a credit balance in the Fair Value Adjustment account that is associated with its Equity Securities

Question

9 (1

point

)

Hulio Company has a credit balance in the Fair Value Adjustment account that is associated with its Equity Securities portfolio at December

31, 2025 .

Which of the following statements is true regarding Hulio's

2025

finan'cial statements?

Hulio will report an unrealized holding gain in comprehensive income.

The account balance will be reported as a deduction from the Equity Securities account to report the securities at fair value on the balance sheet.

Hulio will report an unrealized holding loss in comprehensive income.

The account balance is reported as an addition to the Equity Securities account on the balance sheet to report the securities at fair value on the balance sheet.

Question 9(1 point) Hulio Company has a credit balance in the

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