5. In 2021 a company recognized an unrealized gain and correctly presented it as Other comprehensive income". At the end of 2021, the company closed the profit against "Accumulated other comprehensive income", In 2022 the gain was realized. At the end of 2022 and closing the books, what happened to the aforementioned profit? a. It was transferred from "Accumulated other comprehensive income" to Retained eamings b. It was reclassitied from "Accumulated other comprehensive income" to the Statement of income and expenditure when it was made. At the end of the year it closed against Retained earnings. c. It did not affect the 2022 Statement of Income and Expenditure, but was disclosed in a note. d. The gain remained in "Accumulated other comprehensive income". 6. What dees the concept of double tacation mean as it relates to corporations? a. Corporations have to nubrait two retum. b The corporation has to pay taxes on its income and the sharcholder hav to pay taxea on the divadcnds received c. The corporate tox rate is twiee the individual rate d None of the above