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Unrealized gains and losses from the revaluation of certain types of investments to fair value would be reported the income statement. the statement of financial
Unrealized gains and losses from the revaluation of certain types of investments to fair value would be reported the income statement. the statement of financial position. the statement of changes in shareholders' equity. the comprehensive income statement. Bailey Inc issues 100,000 shares at $11/share in January. Later that year the company is able to repurchase 9.000 of these shares at $10 per share. The effect of this is a decrease to the share capital account of $90,000 an increase to the contributed surplus account of $9,000, a decrease to total shareholders'equity of $99.000 an increase in retained earnings by $9.000. When the value of a company is determined by the trading price of its shares multiplied by the number of shares outstanding this is referred to as other comprehensive income, share capital market capitalization contributed surplus Which of the following accounts is not reported on the Statement of Changes in Shareholders' Equity? Accumulated Other Comprehensive Income Retained Earnings Goodwill Share Capital The maximum number of shares that a firm can issue is the number of issued shares authorized shares. outstanding shares permissible shares
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