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Accounting entry.
annemdyer67
Nov 13, 2008, 09:02 AM
What is the entry if you are restating beginning balances of investments due to a change in the new reporting year from cost to market?
codyman144
Nov 13, 2008, 09:41 AM
You don't change the bal in the investment account itself. Use an Investment valuation account and unrealized gains/losses on investments