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share. a. Journalize the entries to acquire the investment on February 24, and record the adjustment to fair value on December 31 , Year 1

image text in transcribed share. a. Journalize the entries to acquire the investment on February 24, and record the adjustment to fair value on December 31 , Year 1 . b. How is the unrealized gain or loss for trading investments reported on the financial statements? The unrealized gain or unrealized loss for trading investments is disclosed in the

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