21.Which of the following best depicts the computation for the carrying amount of an investment in associate account? Purchase price + Share in the associate's profit - Dividends received - Amortization/Depreciation of undervaluation of assets Purchase price + Share in the associate's profit - Dividends received + Amortization/Depreciation of undervaluation of assets Purchase price + Share in the associate's total comprehensive income -Dividends received - Amortization/Depreciation of undervaluation of assets Number of shares held x Fair value per share

21.Which of the following best depicts the computation for the carrying amount of an investment in associate account? Purchase price + Share in the associate's profit - Dividends received - Amortization/Depreciation of undervaluation of assets Purchase price + Share in the associate's profit - Dividends received + Amortization/Depreciation of undervaluation of assets Purchase price + Share in the associate's total comprehensive income -Dividends received - Amortization/Depreciation of undervaluation of assets Number of shares held x Fair value per share

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Description: 21.Which of the following best depicts the computation for the carrying amount of an investment in associate account? Purchase price + Share in the associate's profit - Dividends received - Amortization/Depreciation of undervaluation of assetsPurcha

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter23: Exempt Entities

Section: Chapter Questions

Problem 8DQ

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11, please answer part b, thanks list of accounts Accumulated Other Comprehensive Income Allowance for Investment Impairment Bond Investment at Amortized Cost Cash Commission Expense Dividends Receivable Dividend Revenue FV-NI Investments FV-OCI Investments Gain on Disposal of Investments - FV-NI Gain on Disposal of Investments - FV-OCI Gain on Sale of Investments GST Receivable Interest Expense Interest Income Interest Payable Interest Receivable Investment in Associate Investment Income or Loss Loss on Discontinued Operations Loss on Disposal of Investments FV-NI Loss on Disposal of Investments FV-OCI Loss on Impairment Loss on Sale of Investments No Entry Note Investment at Amortized Cost Other Investments Recovery of Loss from Impairment Retained Earnings Unrealized Gain or Loss Unrealized Gain or Loss - OCI
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