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Gain or loss in OCI

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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September 3, 2021 at 7:29 pm #634202
humai
Participant
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Sir like we say that gain of 2000 will be recognized in OCI. However, if there is loss of 2000 then will we say that loss of 2000 will be recognized in OCI or will we say something else like Loss of 2000 will be debited to OCI or Loss of 2000 will be charged to OCI?
September 4, 2021 at 5:42 am #634219
Stephen Widberg
Keymaster
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Recognised is the best word. All the marker wants to see is the magic word OCI.
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