Item(s)that would be included in other comprehensive income include:

Question

Quizplus · Accepted Answer

Unrealized gains (losses) on available-for-sale investments are included in other comprehensive income. Other comprehensive income includes items that are not part of net income but can impact the company's overall financial position, such as unrealized gains or losses on investments that have not been sold. Unrealized gains or losses on held for trading investments and held to maturity investments are included in net income, not other comprehensive income. Unrealized gains or losses on discontinued operations would not be included in other comprehensive income, as they are not related to ongoing operations of the company. Net income is not included in other comprehensive income, as it represents the total earnings of the company.

Item(s)that Would Be Included in Other Comprehensive Income Include