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Harrison Harrison
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Posts: 626
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6 years ago
Investments at fair value through other comprehensive income with a cost of $22,000 have a current market value of $22,600. The adjusting entry will require a:
A) credit to Investments for $600
B) debit to Investments for $22,600
C) credit to Gain on Investment for $600
D) credit to other comprehensive income for $600
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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TheSinTheSin
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Posts: 380
6 years ago
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Harrison Author
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6 years ago
Thanks
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Yesterday
Smart ... Thanks!
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2 hours ago
Good timing, thanks!
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