Question: Req 1 Req 2 and 3 Prepare the December 3 1 year - end fair value adjusting entry for the trading securities ' portfolio and

Req 1
Req 2 and 3
Prepare the December 31 year-end fair value adjusting entry for the trading securities' portfolio and the January 3 entry when Brooks sells a portion of its trading securities (costing $33,500) for $37,250 cash.
Req 1 Req 2 and 3 Prepare the December 31 year-end

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