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Wickum Corporation reports under IFRS, and recognized a $680,000 impairment of an HTM debt investment in Right Corporation Subsequently, the credit loss for Wickum's investment

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Wickum Corporation reports under IFRS, and recognized a $680,000 impairment of an HTM debt investment in Right Corporation Subsequently, the credit loss for Wickum's investment decreased by $455,000. Prepare the journal entry to account for the change in fair value. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the increase in fair value, Note: Enter debits before credits Transaction General Journal Dobit Credit 1 Record entry Clear entry View general Journal

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