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At what amount boyet should report unrealized holding loss

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Question - In March 2019, Boyet Corporation purchased non-trading equity investments which are irrevocably designated at FV-OCI. On December 31, 2019, the balance in the unrealizable gain/(loss) on these securities was P200,000. During 2020, stock FF was sold for P1,100,000. Pertinent data on December 31, 2020 are as follows:

 

Cost

Market Value

DD

P2,100,000

P1,600,000

EE

1,850,000

2,000,000

FF

1,050,000

900,000

Required - In its statement of changes in stockholder's equity for the year 2020, at what amount Boyet should report unrealized holding loss?

Reference no: EM132840319

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