There was a loss between 2011amp2012 because of the cost


There was a loss between 2011&2012 because of the cost being higher than the Fair value. Would I debit unrealized loss-equity and credit fair value adjustment? I need to double check answers for all 3 years.


 

326_11.png

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: There was a loss between 2011amp2012 because of the cost
Reference No:- TGS01227242

Expected delivery within 24 Hours