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Under IFRS, investments in debt and equity investments for the purpose of selling at a gain are reported at fair value at the balance sheet
Under IFRS, investments in debt and equity investments for the purpose of selling at a gain are reported at fair value at the balance sheet date and any resulting gain or loss from the fair value adjustment is reported on the income statement. False b. True
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Financial Accounting
Authors: Charles T. Horngren, Jr Harrison, Walter T.
3rd Edition
0137419848, 978-0137419845
