Cost and fair value data for the trading debt securities of Wildhorse Company at December 31, 2022, are $60,500 and $57,

[answerhappygod]

Cost and fair value data for the trading debt securities
of Wildhorse Company at December 31, 2022, are
$60,500 and $57,450 respectively.

Prepare the adjusting entry to record the securities at fair
value. (List all debit entries before credit
entries. Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required,
select "No entry" for the account titles and enter 0 for the
amounts.)
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
enter an account title for the adjusting entry on December
31
enter a debit amount
enter a credit amount
enter an account title for the adjusting entry on December
31
enter a debit amount
enter a credit amount