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Not yet weed Question 3 Marked out of 10 Flag question Window Company invested in 20000 ordinary shares of Door Company at price of $20 per share which represent of 20% During 2020 Door company reported 530000 net income and paid $10000 cash dividends while the Fair value per share at end of 2020 was $25 Assuming the investment has not significant influence answer Following entries Revenues should be recorded in Window as a result of their investment in Door for 2020 Choose IFR is investment is classified as trading, at end of 2020 the other comprehensive Income will increase by Choose of is investment is classified as non-trading at end of 2020 the other comprehensive income will increase by Choose IF Ris investment is classified as trading, at end of 2020, as result of increase in fair value of investment the net income of income statement will increase by Choose ife is investment is classified as non-traong at end of 2020 the net income of income statement will increase by Choose... if it is investment is classified as non-trading and Fair value of investment in Dec.312021 was $480000, the unrealised genoss account should be foumalized by Choose... The balance of equity investment in 2020 statement of financial position is Choose Assuming the investment has significant influence answer following entries Revenues should be recorded in Window as a result of their investment in Dorfor 2020 Choose.. Assuming the investment has significant influence answer following entries The balance of equity investment in 2020 statement of Financial position is Choose.. Assuming the investment has significant influence answer following entries Unrealized Gain or loss should be recorded in 2020 Choose Assuming the investment has significant influence answer following entries Finement was sold by 5470000 on Jan 1, 2021 the gain or low from soling investment is Choose Assuming the investment has significant influence answer following entries As a result of receiving cash dividends the investment will docrase by Choose $500,000 $20,000 $6,000 $2,000 $404,000 $100,000 SO $16,000 Not yet weed Question 3 Marked out of 10 Flag question Window Company invested in 20000 ordinary shares of Door Company at price of $20 per share which represent of 20% During 2020 Door company reported 530000 net income and paid $10000 cash dividends while the Fair value per share at end of 2020 was $25 Assuming the investment has not significant influence answer Following entries Revenues should be recorded in Window as a result of their investment in Door for 2020 Choose IFR is investment is classified as trading, at end of 2020 the other comprehensive Income will increase by Choose of is investment is classified as non-trading at end of 2020 the other comprehensive income will increase by Choose IF Ris investment is classified as trading, at end of 2020, as result of increase in fair value of investment the net income of income statement will increase by Choose ife is investment is classified as non-traong at end of 2020 the net income of income statement will increase by Choose... if it is investment is classified as non-trading and Fair value of investment in Dec.312021 was $480000, the unrealised genoss account should be foumalized by Choose... The balance of equity investment in 2020 statement of financial position is Choose Assuming the investment has significant influence answer following entries Revenues should be recorded in Window as a result of their investment in Dorfor 2020 Choose.. Assuming the investment has significant influence answer following entries The balance of equity investment in 2020 statement of Financial position is Choose.. Assuming the investment has significant influence answer following entries Unrealized Gain or loss should be recorded in 2020 Choose Assuming the investment has significant influence answer following entries Finement was sold by 5470000 on Jan 1, 2021 the gain or low from soling investment is Choose Assuming the investment has significant influence answer following entries As a result of receiving cash dividends the investment will docrase by Choose $500,000 $20,000 $6,000 $2,000 $404,000 $100,000 SO $16,000