December 31, 2023. The effective interest rate is 8% considering the Interest is payable annually every December 31. The bonds mature on bonds for P1,051,510 (including broker's commission of P20,000). on January 1, 2021, Balibago Corporation purchased P1,000,000 10%% On s for Pl,051,510 (including broker's commission of P20,000). aterest is payable annually every December 31. The bonds matu December 31, 2023. The effective interest rate is 8% considering the broker's commission. On December 31, 2021, the fair value of bonds is P1,017,610. Question 1 If the bonds are classified as financial assets at fair value through profit or loss (FA at FVTPL), the amount to be recognized as fair value adjustment loss in the entity's 2021 profit or loss is O 33,900 O 18.021 13,900
December 31, 2023. The effective interest rate is 8% considering the Interest is payable annually every December 31. The bonds mature on bonds for P1,051,510 (including broker's commission of P20,000). on January 1, 2021, Balibago Corporation purchased P1,000,000 10%% On s for Pl,051,510 (including broker's commission of P20,000). aterest is payable annually every December 31. The bonds matu December 31, 2023. The effective interest rate is 8% considering the broker's commission. On December 31, 2021, the fair value of bonds is P1,017,610. Question 1 If the bonds are classified as financial assets at fair value through profit or loss (FA at FVTPL), the amount to be recognized as fair value adjustment loss in the entity's 2021 profit or loss is O 33,900 O 18.021 13,900
Chapter1: Financial Statements And Business Decisions
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