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Problem 15-1A Recording transactions and fair value adjustments for trading securities L. P1 [The following information applies to the questions...
Problem 15-1A Recording transactions and fair value adjustments for trading securities L.O. P1[The following information applies to the questions displayed below.]Ryder Company, which began operations in 2011, invests its idle cash in trading securities. The following transactions are from its short-term investments in its trading securities.2011