Activity 1: Investments measured at FVPL

You are the accountant of ABC Co. The balance of ABC's investment in PLDT shares ( measures at fair value through profit and loss) on December 31, 20x1 is 189,120 before year end adjustments. You havs obtained the documents below for the purpose of adjusting this account.

Document #1 : A Certification given to ABC Co. that shows that they have 100 shares as Capital stock.

Document #2: Is the photo

Requirements : Prepare the adjusting entry on December 31, 20x1.

544 Document #2: Chapter 9 P Pacifica PAL Holdings Panasonic Manufacturing Philippines Pepsi-Cola Products Philippines PetroEnergy Resources Petron Philex Mining Philex Petroleum Philippine Business Bank Philippine Estates Philippine Long Distance Telephone Philippine National Bank Philippine Realty&Holdings Volum 34,300,000 92,000 44,000 119,000 1,000 1.110,000 284,300 243,000 198,800 430,000 164,660 72,460 10,000 High 0.034 4.900 3.930 4.450 4.000 7.330 5.400 1.390 18.540 0.300 2,382.000 54.000 0.455 0-9 A BICIDIEIFIGHUJIKILIMNICIPIORISITUMWI WYIZ 52 Week 52 Week Low Clogo Match Low 0.033 0.034 0.001 3.03 0.067 0.028 4.800 4.900 0.400 8.89 6.210 3.000 3.860 3.930 0.030 0.77 4.780 3.500 4.400 4,400 5.000 3.870 4.000 4.000 0.100 2.56 6.594 3.030 7.240 7.250 -0.060 -0.82 12.120 6.750 5.280 5.370 0.090 1.70 9.720 4.840 1.350 1.380 0.020 1.47 8.750 1.150 18.400 18.420 -0.120 -0.65 20.000 14.000 0.295 0.295 -0.005 -1.67 0.435 0.230 2284.000 2,364.000 70.000 3.05 3,292.000 2124.000 53.400 54.000 9.100 -0.18 87.500 49.500 0.455 0.455 0.065 16.67 0.370 0.840