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  3. the fair value adjustment is a ________. 1)compani

The fair value adjustment is a ________. 1)companion account that is used with trading investments...

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Accounting

The fair value adjustment is a ________.

1)companion account that is used with trading investments and appears on the income statement

2)companion account that is used with available-for-sale investments and appears on the income statement

3)companion account that is used with available-for-sale investments and appears on the balance sheet

4)companion account that is used with trading investments and appears on the balance sheet

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