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Good morning Chris. I am hoping you can help me with chapter 11 Financial Instruments, Ex1, question two. I have watched the video which I found really helpful, however the video did not deal with the derecognition when the shares were sold on 31st January 2016. Please can you confirm if the below entries would be correct for the derecognition:
Dr Bank £650,000
Cr Investment £620,000
Cr OCI £30,000Thanks Chris,
Edward
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