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At December 1, 2020, Gamma's Entry Would Be

Question 25

Short Answer

At December 1, 2020, Gamma's entry would be

$\begin{array}{ll}A) \text{ No entry required } \\ B) \text{ Gain or Loss on Derivatives ............................................................} & \quad \text{\ 2,000 \quad \quad \quad } \\ \quad\quad \text{ Derivatives - Financial Assets ...........................................................} & \quad \quad\quad\quad\quad\quad {\text { 2,000 }}{}\\ C) \text{Gain or Loss on Der ivatives..........................................................} & \quad \text{\ 4,300 \quad \quad \quad } \\ \quad\quad\text{Derivatives - Financial Assets ..........................................................} & \quad \quad \quad \quad \quad\quad \text{\ 4,300 \quad \quad \quad } \\ D) \text{Gain or Loss on Derivatives........................................................ } & \quad \text{\ 4,800 \quad \quad \quad } \\\quad\text{Derivatives - Financial Assets .........................................................} & \quad\quad\quad \quad\quad\quad \text{\ 4,800 \quad \quad \quad } \\ \ \end{array}$