Solution-How much should be included as unrealized loss

How much should be included as unrealized loss

Reference no: EM132842968

Problem - During 2019, the first year of operation, Maly Corporation made various investments in trading securities. On December 31, 2019, the investments had the following cost and market value:

	Cost	Market Value 12/31/2019
XYZ	P1,300,000	P1,250,000
MNO	800,000	900,000
FGH	1,000,000	700,000

Required - How much should be included as unrealized loss on the income statement for the year 2019?

Reference no: EM132842968

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How much should be included as unrealized loss

Reference no: EM132842968

Reference no: EM132842968

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