What amount should hana report as unrealized gain

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Question - Hana Company presented the following information pertaining to its investments in equity securities.

FVPL FVOCI

COST P1,000,000 P1,000,000

MARKET VALUE

12/31/2020 1,050,000 980,000

12/31/2019 950,000 920,000

1. What amount should Hana report as unrealized gain/losses in the shareholders' equity of its December 31, 2020 statement of financial position? Indicate if DEBIT or CREDIT.

2. What amount should Hana Company report as unrealized gain on its 2020 profit or loss?

Reference no: EM132927473

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