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On 1/7/2013 Liverpool .Co invested in 40% in Arsenal. If the assets revaluation surplus balance of Arsenal (OCI) has increased by 50000 on 30/6/2014. Liverpool.

On 1/7/2013 Liverpool .Co invested in 40% in Arsenal. If the assets revaluation surplus balance of Arsenal (OCI) has increased by 50000 on 30/6/2014. Liverpool. Co will record:

Select one:

a. DR. Share of OCI of associate 50000 CR. investment in associate 50000

b. DR. investment in associate 8000 CR. Share of OCI of associate 8000

c. DR. Share of OCI of associate 50000 CR. investment in associate 50000

d. DR. investment in associate 20000 CR. Share of OCI of associate 20000

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