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Pls anz thank you1 On January 1, 2019, YOU TOO...

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Accounting

Pls anz thank you1
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On January 1, 2019, YOU TOO Corporation purchased P1,000,000 10% bonds classified as FAQAC. The bonds were purchased to yield 12%. Interest is payable annually every December 31. The bonds mature on December 31, 2023. On December 31, 2019 the bonds were selling at 99. On December 31, 2020, YOU TOO sold P500,000 face value bonds at 101. The bonds were selling at 103 on December 31, 2021. If the entity reclassified the bonds as FA@FVTOCI after the sale, how much should be reported as separate component of equity at December 31, 2020? O 29.010 O 31.895 O 39.010 On January 1, 2019, YOU TOO Corporation purchased P1,000,000 10% bonds classified as FA@AC. The bonds were purchased to yield 12%. Interest is payable annually every December 31. The bonds mature on December 31, 2023. On December 31, 2019 the bonds were selling at 99. On December 31, 2020, YOU TOO sold P500,000 face value bonds at 101. The bonds were selling at 103 on December 31, 2021. If the entity reclassified the bonds as FA@FVTOCI after the sale, how much should be reported as separate component of equity at December 31, 2020? O 29.010 O 31.895 O 39.010

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