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Business, 16.07.2020 01:01 taysomoneyyy

In its first year of operations, Swifty Corporation purchased available-for-sale debt securities costing $80,000 as a long-term investment. At December 31, 2022, the fair value of the securities is $76,400. Prepare the adjusting entry to record the securities at fair value.

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In its first year of operations, Swifty Corporation purchased available-for-sale debt securities cos...
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