The entry to record the valuation adjustment is

The entry to record the valuation adjustment is - 9,000...

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The entry to record the valuation adjustment is: General Journal Date Account Title and Description Ref. Debit Credit 20X0 Dec. 31 Trading Securities Market Value Adjustment
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Unformatted text preview: 9,000 Unrealized Gains and Losses Trading Securities 9,000 Adjust trading securities to market value...
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This note was uploaded on 11/15/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.

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