During Y$2,$ Aylmer Inc. purchased the following investments for cash but incorrectly recorded them

as "Other Investments" on the balance sheet. Aylmer follows IFRS.

REQUIRED

$1$ Prepare the entry to correct the above amounts from "Other Investments" to the appropriate accounts

assuming that the common shares are classified as FV$-$NI$,$ the investment in London represents

significant influence and the bonds are classified as $FV-$OCl.

$2$ Prepare the entry to accrued interest income at December $31.$

$3$ Prepare necessary revluation entries given the following fair values:

$4$ Prepare any required entries given the following $Y2$ information for London Inc:

$5$ Report the appropriate balances on the December $31,$ Y$2$ balance sheet for the above information.

$6$ After interest was received, the Lyons Inc bonds were sold on April $30,$ Y$3$ for $$124,500.$ Prepare the appropriate entry$($ies$).$