Question: a. Prepare the adjusting entry (if any) for 2025, assuming no balance in the Fair Value Adjustment account at January 1,2025 . Neither of Barkley's

a. Prepare the adjusting entry (if any) for 2025, assuming no

a. Prepare the adjusting entry (if any) for 2025, assuming no balance in the Fair Value Adjustment account at January 1,2025 . Neither of Barkley's investments result in significant influence. b. Discuss how the amounts reported in the financial statements are affected by the entries in (a)

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