Question: This investment had been purchased in 20X1 at a cost

This investment had been purchased in 20X1 at a cost of $ 21 per share. At the end of 20X1, the fair value was $ 26 per share. At the end of 20X2, the fair value was $ 29 per share. The investment was sold in 20X3 at $ 33 per share. There were no dividends in any year. The investment is classified as a FVTPL investment. What would be included in other comprehensive income on the SCI, the holding gain reserve on the SFP (cumulative), and earnings in each of 20X1, 20X2, and 20X3?


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  • CreatedFebruary 17, 2015
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