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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
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 $30000 net income and paid $10000 cash divideends while the fair value per share at end of 2020 was $25 Assuming the investment has not siginificant influence answer following entries Revenues should be recorded in Window as a result of their investment in Door for 2020 Choose. IF it is investment is classified as trading, at end of 2020 the other comprehensive income will increase by Choose. if it is investment is classified as non-trading, at end of 2020 the other comprehensive income will Choose. increase by IF it is 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. if it is investment is classified as non-trading, at end of 2020 the net income of income statement will 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 $30000 net income and paid $10000 cash divideends while the fair value per share at end of 2020 was $25 Assuming the investment has not siginificant influence answer following entries Revenues should be recorded in Window as a result of their investment in Door for 2020 Choose. IF it is investment is classified as trading, at end of 2020 the other comprehensive income will increase by Choose. if it is investment is classified as non-trading, at end of 2020 the other comprehensive income will Choose. increase by IF it is 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. if it is investment is classified as non-trading, at end of 2020 the net income of income statement will
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