AUDITING PROBLEM

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How much is the Total Gain or Loss on sale of the Debt Investments? Indicate whether gain or loss I.E (50,000 Gain) (1 Point) In Auditing the books of Gojo Corporation as of December 31,2021, you find the following FAFVPL Balances: Date Particulars Debit Credit Moving Balance 1/21/21 Bond's P2,000,000 par Acquired at 102 2,065,500 2,065,500 plus Accrued Interest 3/1/21 Proceeds from Sale of Bonds P1,000,000 1,060,000 1,005,500 par and Accrued Interest 6/1/21 Interest Received 45,000 960,500 11/1/21 Amount Received on Sale of Bonds, 419.000 541,500 P400,000 Par at 101 and Accrued Interest 12/1/21 Interest Received 27.000 514,500 Inquiry of the Portfolio Revealed Nominal Rate of 9% while the effective rate being 12%