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With regard, gains and losses that bypass net income but affect equity, all the following statements are correct except: A Recorded in statement of retained
With regard, gains and losses that bypass net income but affect equity, all the following statements are correct except:
A Recorded in statement of retained earnings.
B. Recorded in equity.
C. Referred to as other comprehensive income.
D. Unrealized gains on non-trading equity securities are examples for this gain.
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