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Real World Case 12-7 Comprehensive income-Microsoft 012-4 Microsofts 2015 10-K includes the following information in Note 20 Accumulated Oher Year Ended June 30, 2015 2014
Real World Case 12-7 Comprehensive income-Microsoft 012-4 Microsofts 2015 10-K includes the following information in Note 20 Accumulated Oher Year Ended June 30, 2015 2014 2013 Accumulated other comprehensive income balance, beginning of periocd Unrealized gains, net of tax efflects of $59, $1,067 and $244 $3,531 $1794 $ 1,431 110 2,053 453 Reclassification adjustments for gains included in other income (expensej, net 728) (447 (139) 256 131 49 1472 316) 90 (362) 13 363 Amounts reclassified from accumulated other comprehensive income Net current period other comprehensive income (loss ulated other comprehensive income balance, end of period 1. Prepare a journal entry to record unrealized gains for 2015. (Hint $110 is net tax effects, so you entry to record unrealized gains for 2015, (Hint S110 is net tax effecets, sto you will aced to add back tax effects to show the amount of unrealized gain taxes.) to recor Nest Highlight
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