1. fair value + transaction costs initial measurement of
equity instruments
2. transaction price usual fair value; fair
value of the
consideration given
3. capitalized transaction costs
directly attributable to
acquisition of financial
asset shall be?
4. expensed immediately transaction costs
directly attributable to
acquisition of financial
asset held for trading
(FVPL) shall be?
5. acquisition by exchange acquisition method
aside from cash
6. based on the order:
1. FV of asset given
2. FV of asset received
3. carrying amount of asset given
acquisition cost of
equity securities
acquired in an
exchange
7. lump sum acquisition two or more equity
securities acquired at a
12. 1. FIFO
2. average cost
approach
solution in determining of cost of
securities sold when ONLY A PORTION
of the securities is subsequently sold
13. income If the equity securities are measured at
FVPL or at FV-OIC, dividends earned are
considered as
14. DO NOT
AFFECT
DIVIDENDS ________ the investment account.
15. dividends–on shares selling between date of
declaration date and record date
16. ex-dividend shares selling between date of record and
date of payment
17. the buyer who carries the right to receive dividends
when it is selling dividend-on
18. the original
shareholder
who carries the right to receive dividends
when it is selling ex–dividends
19. date of
declaration
when are dividends recognized as
revenue
20. accrued
dividends
sale price of dividends normally includes
the what?
21. dividends
the accrued dividends when selling
Chapt. 23 – Investment in Equity Securities
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