11.. Following from, if the debt instrument was included in the balance sheet at fair value through...

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11.. Following from, if the debt instrument was included in the balance sheet at fair value through profit or loss this would mean that a profit would be recognised in the income statement.

This appears counter-intuitive. Discuss.

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Financial Accounting And Reporting

ISBN: 9780273712312

12th Edition

Authors: Barry Elliott, Jamie Elliott

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