question 4choose the correct answer from the choices Interest revenue for debt investments at fair value through other comprehensive income iscomputed based on the instruments' * GO carrying amount using the nominal interest rate.face value using the effective interest rate.O carrying amount using the effective interest rate.O face value using the nominal interest rate.

IFRS 9 - Financial instruments deals with the calculation of interest income on debt investments.

Answered: Interest revenue for debt investments…

Business

Accounting

Interest revenue for debt investments at fair value through other comprehensive income

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter13: Investments And Long-term Receivables

Section: Chapter Questions

Problem 17GI

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question 4

choose the correct answer from the choices

Interest revenue for debt investments at fair value through other comprehensive income is
computed based on the instruments' * G
O carrying amount using the nominal interest rate.
face value using the effective interest rate.
O carrying amount using the effective interest rate.
O face value using the nominal interest rate.

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