Question
On December 31, 2017, Steadfast Co. purchased equity securities measured at fair value through other comprehensive income. Pertinent data are as follows: Market Cost 12/31/2018
On December 31, 2017, Steadfast Co. purchased equity securities measured at fair value through other comprehensive income. Pertinent data are as follows:
|
|
| Market | |
|
| Cost | 12/31/2018 | 12/31/2019 |
| C Company | P 900,000 | P 880,000 | P 1,000,000 |
| P Company | 1,100,000 | 1,120,000 | 1,240,000 |
| A Company | 2,000,000 | 1,900,000 | 1,720,000 |
How much unrealized gain or (loss) should be recognized as component of equity as of December 31, 2019 related to these securities?
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University Auditing In The Digital Era Challenges And Lessons For Higher Education Professionals And CAEs
Authors: Sezer Bozkus Kahyaoglu; Erman Coskun
1st Edition
0367553228, 9780367553227
