Where the change in the carrying amount of a liability is due to the impacts of using present values,the change shall be recognised as a(n):
A) Gain on Sale of Liability.
B) Revaluation Reserve Adjustment.
C) Adjustment to opening retained Earnings.
D) Borrowing Cost.
E) Extraordinary Item.

Question

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The Answer of Where the change in the carrying amount of a liability is due to the impacts of using present values,the change shall be recognised as a(n):
A) Gain on Sale of Liability.
B) Revaluation Reserve Adjustment.
C) Adjustment to opening retained Earnings.
D) Borrowing Cost.
E) Extraordinary Item.

Where the Change in the Carrying Amount of a Liability