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-Bawl purchased 10% of ABC Company on 1/1/16. Data regarding these available-for-sale securities follow: The balance of the Accumulated OCI included in the 12/31/17 Stockholders'

-Bawl purchased 10% of ABC Company on 1/1/16. Data regarding these available-for-sale securities follow: image text in transcribed The balance of the Accumulated OCI included in the 12/31/17 Stockholders' Equity section was:

Select one:

a. $11,000 credit

b. $11,000 debit

c. $20,000 credit

d. $20,000 debit

e. $5,000 debit

-The balance sheet of Ipod Corporation on December 31, 2019: image text in transcribed These errors were made by Ipod on December 31, 2018 and were not corrected: Ending inventory understated $2,400 and prepaid expense of $1,000 omitted. On December 31, 2019, unearned revenue of $1,100 was omitted, and accrued revenue of $1,400 was omitted. The net income shown by the books for 2019 was $13,200. The correct 2019 Net Income is:

Select one:

a. $7,300

b. $12,300

c. $12,100

d. $14,900

e. $10,100

December 31, 2016 December 31, 20 December 31, 2018 Cost $100,000 100,000 100,000 MV 91,000 111,000 105,000

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