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Blossom Limited has the following long-term investments. (1) Ordinary shares of Kornas Co. (10% ownership) held as non-trading securities, cost 111,000, fair value $ 118,000.
Blossom Limited has the following long-term investments. (1) Ordinary shares of Kornas Co. (10% ownership) held as non-trading securities, cost 111,000, fair value $ 118,000. (2) Ordinary shares of Kozanecki OAO (30% ownership.cost E 211.000, equity & 261,000 Prepare the investments section of the statement of financial position Blossom Limited Statement of Financial Position E
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
978-1119372936
