Recognizing the difference in the profit and loss
If the difference is recognized in the profit and loss in 2021, then you must make this adjustment:
Entity A – difference account 20,000.00
Entity A – retained earnings OB 20,000.00
If the difference is recognized in the profit and loss in 2021, then you must make this adjustment:
Entity A – difference account 20,000.00
Entity A – retained earnings OB 20,000.00