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On January 1, 2023, ACYFAR1 Company owns 14,253 ordinary shares representing 15% of the share outstanding of DLSU Company. The ordinary share were acquired at
On January 1, 2023, ACYFAR1 Company owns 14,253 ordinary shares representing 15% of the share outstanding of DLSU Company. The ordinary share were acquired at March 1, 2022 at a cost of Php 691,916 and have a fair value of Php 780,651 on December 31, 2022. On January 2, 2023, ACYFAR1 Company sold 22% of its investment for Php 55 per share incurring a brokerage fee and commission expense of Php 13,483. What is unrealized gain or (loss) on December 31, 2022 if the investment is designated as fair value through profit or loss
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