- This topic has 1 reply, 2 voices, and was last updated 4 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
sir if we have transaction costs at the time of disposal of a financial asset measured at FVOCI, then what journal entry do we pass?Dr. Cash(=net of transaction costs) Dr. OCI(=transaction costs) Cr. asset(=after revaluation for the final time, immediately before sale)
Is this correct sir?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.