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Required Information The following information applies to the questions displayed below) The accounting records of Jamaican Importers, Inc., at January 1, 2021, included the following

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Required Information The following information applies to the questions displayed below) The accounting records of Jamaican Importers, Inc., at January 1, 2021, included the following Assets: Investment in IBM Coron shares Less: Fair value adjustment 51,495,000 (168.000 $1,335,000 No changes occurred during 2021 in the investment portfolio 3. Prepare appropriate adjusting entry(s) at December 31, 2021, assuming the fair value of the IBM common shares was $1,515,000 (14 no entry is required for a transaction/event, select "No journal entry requlred" In the first account field.) View transaction list Journal entry worksheet 3. Prepare appropriate adjusting entrys) at December 31, 2021, assuming the fair value of the IBM common shares was $1615.000 or no entry is required for a transaction/event, select "No journal entry required" in the first account feld.) View transaction list Journal entry worksheet

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