Page 78 - F2 Integrated Workbook STUDENT 2019
P. 78
Chapter 3
Example 3.7
On 21 November 20X6, an entity invested in 6,000 ordinary shares of a listed
company at a cost of $2.70 per share, plus transaction costs of $324.
At 31 December 20X6 the shares have a market value of $2.95 per share.
Required:
Show the impact of the above transaction on the statement of profit or
loss for the year ended 31 December 20X6.
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