Accountancy, asked by santhoshvakkalagadda, 1 month ago

Which statement is true when a debt investment at amortized cost is reclassified to FVOCI?

a. All these statements are true.

b. The difference between the previous carrying amount and fair value at reclassification date is recognized in other comprehensive income.

c. The original effective rate is not adjusted

d. The debt investment is measured at fair value at reclassification date.​

Answers

Answered by asaniya123456789
0

Answer:

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Explanation:

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