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Financial Results Ended 30th June BMI Bank  Form

Financial Results Ended 30th June BMI Bank Form

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hello everyone and welcome back to our ib interview question series we're going to carry on with another three statement impact question here and we're in particular we're going to look at how gains and losses flow through the three financial statements uh with that said i want to make a quick note before we dive in here so in this answer we're going to utilize a framework that was laid out in the first video in the series if you haven't seen that video i'd strongly recommend you go back and check it out before you dive in here uh i will include a link to that video in the description down below and with that let's just hop in so to start with we need to cover just the fundamental impact of a sale of a particular item that's sitting on our balance sheet and how that in particular hits the income statement so if we have a piece of pp e let's say a hundred dollar factory sitting on our balance sheet and we sell it if

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