What does the market adjustment account represent, Financial Accounting

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What does the market adjustment account represent

Response to the following questions:

1. When a security is sold, what information must be known to account for that transaction?

2. What is the difference between a realized gain or loss and an unrealized gain or loss?

3. What does the account "Market Adjustment" represent?

4. How are changes in the value of trading securities accounted for on the books of the investor?

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Financial Accounting: What does the market adjustment account represent

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Financial Accounting: What does the market adjustment account represent

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