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fill the blanks Transitory Company acquired the following equity securities: Cost Market December 31, 2020 Moon Company 200,000 120,000 Star Company 400.000 280,000 Sun Company
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Transitory Company acquired the following equity securities: Cost Market December 31, 2020 Moon Company 200,000 120,000 Star Company 400.000 280,000 Sun Company 600,000 650.000 December 31, 2021 Moon Company 200.000 220,000 Star Company 400,000 300,000 Sun Company 600,000 580,000 The equity securities do not qualify as held for trading. The entity has elected irrevocably to present changes in fair value in other comprehensive income. Requirement: Complete the table below. Write zero (0) if it is not applicable. January 1, 2020 December 31, 2020 December 31, 2021 Statement of Financial Position Investments - FVOCI Statement of Equity Other Comprehensive Income Retained earnings Statement of Other Comprehensive Income Unrealized gain / (loss)Step by Step Solution
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