The following information is available for Irwin Company for 2018: Net Income.........................................................................................$127,000 Realized gain on sale of
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Net Income.........................................................................................$127,000
Realized gain on sale of available-for-sale debt securities......................................12,000
Unrealized holding gain arising during the period on available-for-sale debt securities...31,000
Reclassification adjustment for gains included in net income...................................7,500
Determine other comprehensive income for 2018.
Other comprehensive income
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Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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