Question: Reporting change in fair value a . Explain how a change in fair value of an equity investment with less than 2 0 % ownership
Reporting change in fair value
a Explain how a change in fair value of an equity investment with less than ownership is reported on the investor's income statement.
A change in fair value of an equity investment of less than ownership is reported on the investor's income statement
b Explain how a change in fair value of an equity investment with less than ownership is reported on the investor's balance sheet.
A change in fair value of an equity investment of less than ownership is reported on the investor's balance sheet
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