Give the rules on reclassification of an equity securities

Reference no: EM132788383

Problem 1: What is the difference of an equity security as against a debt security?

Problem 2: What are the initial cost of the following equity security (a) fair value through profit or loss and (b) fair value through other comprehensive income.

Problem 3: Give the rules on reclassification of an equity securities.

Reference no: EM132788383

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