Which of the following would be considered an Other comprehensive income item? a. Gain on disposal of
Question:
Which of the following would be considered an "Other comprehensive income" item?
a. Gain on disposal of discontinued operations.
b. Unrealized loss on available-for-sale securities.
c. Loss related to flood.
d. Net income.
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b Unrealized gains and losses on availableforsale securities are reported as o...View the full answer
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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