Érable SA holds, in its reserve of reclassifiable other comprehensive income, a cumulative gain of 95,000 relating to an item for which the relevant standard now requires reclassification to profit or loss (case fact: IAS 1 does not decide this reclassification, the standard that creates the item does). Record the entry reclassifying the gain to profit or loss.
- Cumulative gain to be reclassified to profit or loss
- 95,000