Question

At the end of the 20X4 accounting period, 31 December 20X4, the stock was quoted at $ 19 per share. On 5 June 20X5, the investor sold the stock for $ 22 per share. Assuming this is a FVTOCI investment, give the journal entry to be made at each of the following dates:
• 15 March 20X4
• 31 December 20X4
• 5 June 20X5




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  • CreatedFebruary 17, 2015
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