Forums

Back

doubt on financial instruments

Financial Reporting

please provide how will the journal entries at the time of fair value change be shown and the amount to be charged to each ledger. Just to confirm if my understanding is correct. The journal entries are not given in study material.

IMG_2994.jpg

Ali S

Ali S

CA Final

6K+

31-Oct-24 04:01

174

Answers (1)

Equity continues as it is. Liabilities follow amortised cost entries


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

31-Oct-24 06:41

Your Reply

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C

2024 IndigoLearn.com All Rights Reserved