Newwie Company

Land 1,000,000.00
Add: Net Change in fair value
Cost (Bearer Plant) 500,000.00
Less: Residual Value -
Depreciable amount 500,000.00
Depreciation for 2021 100,000.00 400,000.00
Carrying amount PPE, 12/31/21 1,400,000.00

Carrying amount BA, 12/31/21 50,000.00

FVLCS 2021 50,000.00

FVLCS 2022 75,000.00
Gain from change in FV - 25,000.00

Newwie Company
Land 1,000,000.00
Add: Net Change in fair value
Cost (Bearer Plant) 500,000.00
Less: Residual Value -
Depreciable amount 500,000.00
Depreciation for 2021 100,000.00 400,000.00
Carrying amount PPE, 12/31/21 1,400,000.00

Carrying amount BA, 12/31/21 50,000.00

FVLCS 2021 50,000.00

FVLCS 2022 75,000.00
Gain from change in FV - 25,000.00
Krist Company
FVLCS 2,000,000.00
Sale price 3,500,000.00
Gross income sale 1,500,000.00

Gross Income 1,500,000.00

Gain from agri produce- harvested grapes 2,000,000.00
Operating expense - 500,000.00
Depreciation of bearer plants - 750,000.00
Pretax net income 2,250,000.00

Ross Company
Date Interest Received Interest Income
Jan 1 2021
Dec 31 2021 640,000.00 520,200.00
Dec 31 2022 640,000.00 513,012.00
Dec 31 2023 640,000.00 505,392.72
Dec 31 2024 640,000.00 497,316.28
Dec 31 2025 640,000.00 488,755.26

FV in Dec 31 2021 7,740,000.00

CA in Dec 31 2021 8,550,200.00
Unrealized Loss 2021 810,200.00

*Changed to FVTPL in 2022

FV in Dec 31 2022 7,230,000.00
CA in Dec 31 2022 7,613,012.00
Unrealized Loss 2022 383,012.00

Cumulitative Unrealized Loss 1,193,212.00

Interest Income 2023 505,392.72

Ansely Compnay
Unrealized Cumulative gain OCI, 2022 678,545.00
Interest Income, 2023 385,716.00
CA of investment, 12/31/23 4,907,171.00
Unrealized Gain, 2021 507,912.00
Unrealizzed gain, 2022 170,633.00

1,320.00
Sanely Company
Freestanding Trees 5,000,000.00
Land under trees - *PPE
Roads in Forest - *PPE
Animal related to rec act - *PPE
Bearer Palnts - *PPE
Bearer animals 2,000,000.00
Agri Produce growing on bearer plants 800,000.00
Agri produce harvested - *Inventories
Plants with dual use 1,400,000.00
Biological assets 9,200,000.00

Biological Transformation
Growth, Procreation, Degeneration

Newwie Company
Land 1,000,000.00
Add: Net Change in fair value
Cost (Bearer Plant) 500,000.00
Less: Residual Value -
Depreciable amount 500,000.00
Depreciation for 2021 100,000.00 400,000.00
Carrying amount PPE, 12/31/21 1,400,000.00

Carrying amount BA, 12/31/21 50,000.00

FVLCS 2021 50,000.00

FVLCS 2022 75,000.00
Gain from change in FV - 25,000.00

Ansely Compnay
Unrealized Cumulative gain OCI, 2022 678,545.00
Interest Income, 2023 385,716.00
CA of investment, 12/31/23 4,907,171.00
Unrealized Gain, 2021 507,912.00
Unrealizzed gain, 2022 170,633.00

Ross Company
Date Interest Received Interest Income
Jan 1 2021
Dec 31 2021 640,000.00 520,200.00
Dec 31 2022 640,000.00 513,012.00
Dec 31 2023 640,000.00 505,392.72
Dec 31 2024 640,000.00 497,316.28
Dec 31 2025 640,000.00 488,755.26
FV in Dec 31 2021 7,740,000.00
CA in Dec 31 2021 8,550,200.00
Unrealized Loss 2021 810,200.00

*Changed to FVTPL in 2022

FV in Dec 31 2022 7,230,000.00
CA in Dec 31 2022 7,613,012.00
Unrealized Loss 2022 383,012.00

Cumulitative Unrealized Loss 1,193,212.00

Interest Income 2023 505,392.72

Bright Company
Acquistion Cost, 12/31/21 600,000.00
Increase in Initial recognition, 12/31/21 700,000.00
Change in FV, 12/31/22 100,000.00
Decrease in FV, 2022 - 90,000.00
Carrying Amount BA, 12/31/22 1,310,000.00

Change in FV, 12/31/22 100,000.00

Decrease in FV, 2022 - 90,000.00
Net gain from change in FV 2022 10,000.00

Tawan Company
Change in fair value 2,500,000.00
Decrease in fair value - 250,000.00
Gain on change in FV BA, Current year 2,250,000.00

Milk harvested but not yet sold 400,000.00

**Sample JE
Inventory 400,000.00
Gain on agircultural produce 400,000.00

Ansely Compnay
Unrealized Cumulative gain OCI, 2022 678,545.00
Interest Income, 2023 385,716.00
CA of investment, 12/31/23 4,907,171.00
Unrealized Gain, 2021 507,912.00
Unrealizzed gain, 2022 170,633.00
Fair Value Approach

Tawan Company
Change in fair value 2,500,000.00
Decrease in fair value - 250,000.00
Gain on change in FV BA, Current year 2,250,000.00

Milk harvested but not yet sold 400,000.00

**Sample JE
Inventory 400,000.00
Gain on agircultural produce 400,000.00

Sanely Company
Freestanding Trees - *BA
Land under trees 600,000.00 *PPE
Roads in Forest 300,000.00 *PPE
Animal related to rec act 1,000,000.00 *PPE
Bearer Palnts 1,500,000.00 *PPE
Bearer animals - *BA
Agri Produce growing on bearer plants - *BA
Agri produce harvested - *Inventories
Plants with dual use - *BA
PPE 3,400,000.00
 70.00

Singto Company
Carrying Amount- Jan 1 5,000,000.00
Increase due to purchases 2,000,000.00
Gain from change in FVLCS- price change 400,000.00
Gain from change in FVLCS- physical chan 600,000.00
Decrease due to sale - 850,000.00
Decrease due to harvest - 200,000.00
Carrying amount BA, Dec 31 6,950,000.00
Ansely Compnay
Unrealized Cumulative gain OCI, 2022 678,545.00
Interest Income, 2023 385,716.00
CA of investment, 12/31/23 4,907,171.00
Unrealized Gain, 2021 507,912.00
Unrealizzed gain, 2022 170,633.00

Bright Company
Acquistion Cost, 12/31/21 600,000.00
Increase in Initial recognition, 12/31/21 700,000.00
Change in FV, 12/31/22 100,000.00
Decrease in FV, 2022 - 90,000.00
Carrying Amount BA, 12/31/22 1,310,000.00

Change in FV, 12/31/22 100,000.00

Decrease in FV, 2022 - 90,000.00
Net gain from change in FV 2022 10,000.00
Off Company
1/1/21- 7/1/21
Default
Biological assets: Age in years FVLCS
1.00 2.00 100.00
2.00 2.00 100.00
3.00 2.00 100.00
4.00 2.00 100.00
5.00 2.00 100.00
6.00 2.00 100.00
7.00 2.00 100.00
8.00 2.00 100.00
9.00 2.00 100.00
10.00 2.00 100.00
11.00 2.50 108.00
12.00 - 70.00
FVLCS OF BA 7/1/21 1,178.00

12/31/21
Default
Biological assets: Age in years FVLCS
1.00 3.00 120.00
2.00 3.00 120.00
3.00 3.00 120.00
4.00 3.00 120.00
5.00 3.00 120.00
6.00 3.00 120.00
7.00 3.00 120.00
8.00 3.00 120.00
9.00 3.00 120.00
10.00 3.00 120.00
11.00 3.00 120.00
12.00 0.50 80.00
FVLCS of BA 12/31/21 1,400.00

Price change
Biological assets: Age in years FVLCS 1/1/2021 | 7/1/2021
1.00 2.00 100.00
2.00 2.00 100.00
 3.00 2.00 100.00
4.00 2.00 100.00
5.00 2.00 100.00
6.00 2.00 100.00
7.00 2.00 100.00
8.00 2.00 100.00
9.00 2.00 100.00
10.00 2.00 100.00
11.00 2.50 108.00
12.00 - 70.00
1,178.00

Physical change
Biological assets: Age in years FVLCS 1/1/2021 | 7/1/2021
1.00 3.00 105.00
2.00 3.00 105.00
3.00 3.00 105.00
4.00 3.00 105.00
5.00 3.00 105.00
6.00 3.00 105.00
7.00 3.00 105.00
8.00 3.00 105.00
9.00 3.00 105.00
10.00 3.00 105.00
11.00 3.00 111.00
12.00 0.50 72.00
FVCLS of newborn animal at date of birth
1,233.00

Ross Company
Date Interest Received Interest Income
Jan 1 2021
Dec 31 2021 640,000.00 520,200.00
Dec 31 2022 640,000.00 513,012.00
Dec 31 2023 640,000.00 505,392.72
Dec 31 2024 640,000.00 497,316.28
Dec 31 2025 640,000.00 488,755.26

FV in Dec 31 2021 7,740,000.00

CA in Dec 31 2021 8,550,200.00
Unrealized Loss 2021 810,200.00

*Changed to FVTPL in 2022

FV in Dec 31 2022 7,230,000.00
CA in Dec 31 2022 7,613,012.00
Unrealized Loss 2022 383,012.00

Cumulitative Unrealized Loss 1,193,212.00

Interest Income 2023 505,392.72

Ansely Compnay
Unrealized Cumulative gain OCI, 2022 678,545.00
Interest Income, 2023 385,716.00
CA of investment, 12/31/23 4,907,171.00
Unrealized Gain, 2021 507,912.00
Unrealizzed gain, 2022 170,633.00

Ross Company
Date Interest Received Interest Income
Jan 1 2021
Dec 31 2021 640,000.00 520,200.00
Dec 31 2022 640,000.00 513,012.00
Dec 31 2023 640,000.00 505,392.72
Dec 31 2024 640,000.00 497,316.28
Dec 31 2025 640,000.00 488,755.26

FV in Dec 31 2021 7,740,000.00

CA in Dec 31 2021 8,550,200.00
Unrealized Loss 2021 810,200.00

*Changed to FVTPL in 2022

FV in Dec 31 2022 7,230,000.00
CA in Dec 31 2022 7,613,012.00
Unrealized Loss 2022 383,012.00

Cumulitative Unrealized Loss 1,193,212.00

Interest Income 2023 505,392.72

Krist Company
FVLCS 2,000,000.00
Sale price 3,500,000.00
Gross income sale 1,500,000.00

Gross Income 1,500,000.00

Gain from agri produce- harvested grapes 2,000,000.00
Operating expense - 500,000.00
Depreciation of bearer plants - 750,000.00
Pretax net income 2,250,000.00

-
Premium Amortization Carrying Amount
8,670,000.00
119,800.00 8,550,200.00
126,988.00 8,423,212.00
134,607.28 8,288,604.72
142,683.72 8,145,921.00
151,244.74 7,994,676.26
Premium Amortization Carrying Amount
8,670,000.00
119,800.00 8,550,200.00
126,988.00 8,423,212.00
134,607.28 8,288,604.72
142,683.72 8,145,921.00
151,244.74 7,994,676.26
12/31/2021 - Price Gain from price change
105.00 5.00
105.00 5.00
 105.00 5.00
105.00 5.00
105.00 5.00
105.00 5.00
105.00 5.00
105.00 5.00
105.00 5.00
105.00 5.00
111.00 3.00
72.00 2.00
1,233.00 55.00 *grain from change in FV- price change

12/31/2021 - Price Gain from price change

120.00 15.00
120.00 15.00
120.00 15.00
120.00 15.00
120.00 15.00
120.00 15.00
120.00 15.00
120.00 15.00
120.00 15.00
120.00 15.00
120.00 9.00
80.00 8.00
70.00 70.00
237.00 *grain from change in Fv- physical change
292.00 Total gain from change in FV that should be recognize in cu

Premium Amortization Carrying Amount

8,670,000.00
119,800.00 8,550,200.00
126,988.00 8,423,212.00
134,607.28 8,288,604.72
142,683.72 8,145,921.00
151,244.74 7,994,676.26
Premium Amortization Carrying Amount
8,670,000.00
119,800.00 8,550,200.00
126,988.00 8,423,212.00
134,607.28 8,288,604.72
142,683.72 8,145,921.00
151,244.74 7,994,676.26
n FV- price change

n Fv- physical change

ge in FV that should be recognize in current year