On 1/7/2013 Liverpool .Co invested in 40% in Arsenal. If the assets revaluation surplus balance...
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On 1/7/2013 Liverpool .Co invested in 40% in Arsenal. If the assets revaluation surplus balance of Arsenal (OCI) has increased by 30000 on 30/6/2014. Liverpool. Co will record:
Select one:
a. DR. investment in associate 30000 CR. Share of OCI of associate 30000
b. DR. Share of OCI of associate 30000 CR. investment in associate 30000
c. DR. investment in associate 12000 CR. Share of OCI of associate 12000
d. DR. Share of OCI of associate 12000 CR. investment in associate 12000
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