The Unrealized Gain or the Unrealized Loss Account appears:
A) in Other comprehensive income.
B) in Accumulated other comprehensive income.
C) in Other comprehensive income and Accumulated other comprehensive income.
D) in none of the above.
Correct Answer:
Verified
Q21: The journal entry to record the sale
Q22: ABC receives a stock dividend of 50
Q23: The receipt of a stock dividend:
A)has no
Q24: Abba Company purchased 1,000 shares of Dabber
Q25: The journal entry to record the receipt
Q27: 1.adjusting entry requires a:
A)debit to Allowance to
Q28: The gain or loss on the sale
Q29: Other comprehensive income:
A)appears on the income statement
Q30: The journal entry to record the receipt
Q31: Accumulated other comprehensive income:
A)appears on the income
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