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Problem 3: On July 19, 2020, ELN Corporation declared 10,000 shares of its equity investments held at FVPL as property dividends to its shareholders of
Problem 3: On July 19, 2020, ELN Corporation declared 10,000 shares of its equity investments held at FVPL as property dividends to its shareholders of record on September 30, 2020. The dividends are payable on December 27, 2020. The fair value of the equity investments are as follows: July 19 P30 per share Sept 30 P33 per share Dec 27 P35 per share Problem 3: On July 19, 2020, ELN Corporation declared 10,000 shares of its equity investments held at FVPL as property dividends to its shareholders of record on September 30, 2020. The dividends are payable on December 27, 2020. The fair value of the equity investments are as follows: July 19 P30 per share Sept 30 P33 per share Dec 27 P35 per share
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