FV 12/15/2021 1,430,000.

00 Investment Income, Athena

Previous FV - 1,100,000.00
UGOL - OCI 330,000.00 FV 12/31/2021
Previous FV
FV 12/31/2021 1,276,000.00 Unrealized Gain 2021
Previous FV - 1,100,000.00
UGOL - OCI 176,000.00 FV 12/31/2022
Recognized in SCI 154,000.00 Previous FV
Unrealized Gain 2022
FV as of Sale 1,320,000.00
Previous FV 1,276,000.00 Initial Value
UGOL - OCI 44,000.00
Recognized in SCI (Loss) 132,000.00 Investment Income

Selling Price of half 660,000.00 Share Issue: Additional 2,000

CV of Investment 660,000.00
Previous FV of remaining - 638,000.00 Investment Income, Athena
UGOL - OCI 22,000.00 Investment Income
Previously recognized - 44,000.00 Total Investment Income
Recognized - 22,000.00
UGOL - OCI
FV 12/31/2022 880,000.00 Unrealized Gain - 2021
Previous FV - 660,000.00 Unrealized Gain (Loss) - CI 2021
UGOL - OCI 220,000.00
Carrying Value of Investment 2021
Carrying Value of Investment 2022
come, Athena 33,000.00

874,500.00
- 750,000.00
124,500.00

1,023,000.00
- 874,500.00
148,500.00

1,100,000.00

40,000.00

dditional 2,000

come, Athena 33,000.00

40,000.00
73,000.00

176,000.00
124,500.00
in (Loss) - CI 2021 300,500.00

e of Investment 2021 2,150,500.00

e of Investment 2022 1,683,000.00
CV of the Investment Correct Entry
Initial Value 9,300,000.00 Share of Profit in Associate
SOPA 3,750,000.00 Investment in Associate
SOPA (adjustment) - 600,000.00
Dividends - 750,000.00
Carrying Value 11,700,000.00 PAJE
Share of Profit in Associate
Investment in Associate
CV of the Investment (Client's Record)
Initial Value 8,600,000.00
SOPA 3,750,000.00 Combined JE for PAJE
SOPA (adjustment) - Investment in Associate
Dividends - Gain on Reclassification
Carrying Value 12,350,000.00 Retained Earnings

Dividend Income
Investment in Associate

Share of Profit in Associate

Investment in Associate

Dividend Income
Share of Profit in Associate
Gain on Reclassification
Retained Earnings
Investment in Associate
Profit in Associate 600,000.00
Investment in Associate 600,000.00

Profit in Associate 60,000.00

Investment in Associate 60,000.00

nt in Associate 700,000.00
Gain on Reclassification 600,000.00
Retained Earnings 100,000.00

750,000.00
Investment in Associate 750,000.00

Profit in Associate 600,000.00

Investment in Associate 600,000.00

750,000.00
Profit in Associate 600,000.00
Gain on Reclassification 600,000.00
Retained Earnings 100,000.00
Investment in Associate 650,000.00
Interest Income 405,851.20
UGOL - OCI 49,069.80
454,921.00

Interest Income 101,087.01

1/4/2022 151,478.52
12/31/2022 252,565.53

Interest Income 252,565.53

Gain (Loss) on Sale 52,116.40
UGOL - OCI 185,943.08
490,625.01

Note A: TC - 70,079.00
Note B: Interest Income - 19,148.80
Note C: Gain (Loss) on Sale - 27,116.40
Note D: Loss on Reclassification - 64,645.00
Interest Income 285.68
Retained Earnings Credit - 180,703.52

To be reported in SFP 2,800,000.00

 1/1/2021 Initial
PV of face value 4,656,907.50
(7.5M x 0.620921)
PV of Interest
(900K x 3.790787) 3,411,708.30
8,068,615.80

12/31/21 (FAIR VALUE) Amortized

PV of face value Fair value
(7.5M x 0.735030) 5,512,725.00 UG-OCI
PV of Interest
(900K x 3.312129) 2,980,916.10
8,493,641.10

Date Nominal Effective Amort CV

1/1/2021 8,068,615.80
12/31/2021 900,000.00 806,861.58 93,138.42 7,975,477.38
12/31/2022 900,000.00 797,547.74 102,452.26 7,873,025.12

10/31/22 Sale price 6,187,500.00 CV 2021

Accrued Interest 625,000.00 Nominal
Cash received 6,812,500.00 Effective
CV - Oct 2022

Debt investements at FVTPL

1/1/2021 PV of face value

(3.7M x 0.696559) 2,577,266.94 (FAIR VALUE BEG)
PV of Interest
(203,500 x 4.045884) 823,337.58
Total 3,400,604.52

Per audit
DI @FVTPL 3,400,604.52
Cash 3,400,604.52

12/31/21 PV of face value Cost

(3.7M x 0.792094) 2,930,747.80 Fair value
PV of Interest UG-PL
(203,500 x 3.465106) 705,149.07
 2021 Fair value 3,635,896.87

Per audit
DI @FVTPL 235,292.35
Cash 203,500.00
UG-PL 235,292.35
Interest Income 203,500.00

12/31/22 PV of face value CV 2021

(3.7M x 0.863838) 3,196,200.60 Fair value
PV of Interest UG-PL
(203,500 x 2.723248) 554,180.97
2022 Fair value 3,750,381.57

Entries Per client

2021
DI @FVTPL 3,700,000.00
Cash 3,400,605.00
Gain on initial Recog 299,395.00

DI @FVTPL 350,000.00
Cash 222,000.00
UG-PL 350,000.00
Interest Income 222,000.00

2022
Cash 222,000.00
Interest Income 222,000.00

PAJE
2021
RE 432,602.65
DI @FVTPL 414,103
Cash 18,500.00
 DI @FVTOCI 8,493,641.10
DI @FVTPL 3,635,896.87
2021 Total Debt Investment 12,129,537.97

DI @FVTOCI 697,499.00
DI @FVTPL 203,500.00
2022 Interest Income 900,999.00
7,975,477.00
8,493,641.10 DI @FVTOCI 1,920,819.00
518,164.10 (Fair value adjusted) DI @FVTPL 3,750,381.57
2022 Total Debt Investment 5,671,200.57

Realized gain 269,925.00

UGOL - PL 114,484.70
Interest Income 901,354.00
2022 Income Staement 1,285,763.70

432,602.65

7,975,477.38
-750,000.00
664,623.12
7,890,100.50

Interest Income: Used in Prob

Face value 3,700,000.00 2,577,266.94
Stated rate 5.50% 823,337.58
Interest Income 203,500.00 3,400,604.52

3,400,604.52
3,635,896.87 (CV in 2022) 2,930,746.55
235,292.35 705,148.99
3,635,895.55
 3,635,896.87
3,750,381.57
114,484.70

Per audit
2021
DI @FVTPL 3,400,605.00
Cash 3,400,605.00

DI @FVTPL 235,292.35
Cash 203,500.00
UG-PL 235,292.35
Interest Income 203,500.00

Cash 203,500.00
Interest Income 203,500.00

2022
Interest income 18,500.00
Cash 18,500.00

RE 432,602.65
Interest income 18,500.00
DI @FVTPL 414,102.65
Cash 37,000.00