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Problem 3 Jackson Inc. carries the following debt investments on its books on December 31, 2022, and December 31, 2023. All securities were purchased during

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Problem 3 Jackson Inc. carries the following debt investments on its books on December 31, 2022, and December 31, 2023. All securities were purchased during 2022. Prepare the necessary journal entries for Jackson on December 31, 2022, and December 31, 2023. Please do not record separate entries for each security. Record one entry for each classification of securities. Jackson uses a Fair value Adjustment account when recording these adjusting entries

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