Once any unrealized gains or losses included in Other Comprehensive Income are realized, they are transferred to the income statement.

Name: Once any unrealized gains or losses included in Other Comprehensive Income are realized, they are transferred to the income statement.
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Unrealized gains or losses included in Other Comprehensive Income are transferred to the income statement when they are realized. This process is known as reclassification.

Once Any Unrealized Gains or Losses Included in Other Comprehensive