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What amount of unrealized loss TS will be recorded on December 31, 2022? For items 17 to 18 On January 1, 2021, Kimberly Corp. purchased
What amount of unrealized loss TS will be recorded on December 31, 2022?
For items 17 to 18 On January 1, 2021, Kimberly Corp. purchased the following Trading Securities: Cost Fair Value (12.31.21) ABC Company Ordinary P450,000 P750,000 DEF Company Preference 200,000 150,000 GHI Company Bonds 890,000 1,150,000 ... On October 1, 2022, the entity sold one-half of ABC Company Ordinary for P500,000. On December 31, 2022, the fair value of the remaining securities was P1,500,000. How much is the gain or loss from the sale of ABC Company Ordinary? Blank 1Step by Step Solution
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